Russia Deepens Economic Ties with Friendly States to Blunt Impact of Western Sanctions
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Russia's economic reliance on "friendly" states has grown amid Western sanctions over Ukraine war.
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Russia offering incentives like mining projects and Islamic banking to boost ties with "friendly" countries.
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Trade with "friendly" states up 22% in 2022, key for Russia to maintain GDP growth.
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But some risks seen as Russian investors move assets abroad to "friendly" countries.
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Challenges ahead but "friendly" states helping Russia create alternative systems to evade Western sanctions impact.