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Business & FinanceCommodities
15 April 2024, 5:49 am 1 minute
Reuters exclusively reported that Russian copper producer RCC and Chinese firms have avoided taxes and skirted the impact of Western sanctions by trading in new copper wire rod disguised as scrap.
Market Impact
China has become a major destination for Russian companies seeking to export their commodities after the United States imposed sanctions on Russia for its invasion of Ukraine in February 2022.
Article Tags
Topics of Interest: Business & FinanceCommodities
Type: Reuters Best
Sectors: Business & FinanceCommodities & Energy
Regions: AsiaEurope
Countries: ChinaRussia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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