The Silverado think tank has found that sanctions-hit Russia can still get semiconductors and its supply chains for many products have rebounded.
Silverado Policy Accelerator, a Washington, DC think tank, has examined trade data showing that, despite being punished for the war, Russia continues to have access to crucial dual-use technologies such as semiconductors, thanks in part to China and Hong Kong.
While sanctions had caused a sharp dip in trade to Russia initially,"a lot of people stopped paying attention to what happened after that, which was this rebound in certain areas, especially in areas like chips," Sarah Stewart, Silverado chief executive officer and co-author of the report, toldA currency exchange office in central Moscow on February 28, 2022 only four days after the war in Ukraine started.
Her team's report also found that Russia was finding it trickier to rebuild the auto industry supply chain, prices had increased for other consumer goods and some imported products were of inferior quality.Bans or restrictions were put on products for military end use and exports of foreign-origin items like semiconductors made with U.S. advanced technologies.
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