Four years after the full-scale invasion of Ukraine, Russia’s foreign trade has not collapsed under sanctions. Instead, it has adapted — rerouted through intermediaries, restructured supply chains, and become increasingly reliant on offshore jurisdictions. A new study by Transparency International Russia (in exile) finds that companies registered in the UK Overseas Territories remain a key … Continue reading “Overseas Candies”: Russia’s Trade Through UK Overseas Territories Continues Into The Fifth Year Of War