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Exporters to Russia Facing Increasing Payment Risk
Press Wire ♦
Published: September 18, 2014; 11:32 ♦ (Vindobona)
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Russia is currently experiencing a slowdown in economic growth, and the situation is most likely to deteriorate further as a result of the newly imposed sanctions. Atradius is observing an impact across all sectors in the form of decreasing domestic demand, a weaker rouble exchange rate, a rise in inflation, limited access to external financing and international capital outflow.
Exporters to Russia Facing Increasing Payment Risk / Picture: © Vindobona.org
Exporters to Russia could experience an increase in payment delays
and defaults. Some sectors are expected to be more affected than
others. Russia's sanctions on imports of food and agricultural
products will hit the food sector, in particular the fish, meat and
dairy subsectors, with a negative impact on the whole value chain.
Sectors dependent on…
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