What was a very profitable business in 2014 would probably just get you in a bunch of trouble in 2022.
Following up on July 10's A Heads-Up For The Savvy Smuggler: "What The Russians Crave: Cheese":
Flipping through some older posts on sanctions we see this from a couple months after the Russian annexation of Crimea in March 2018 2014:....
From the always interesting Arnaud Bertrand:
It's a common pattern. E.g. Russia used to be a large customer for the European cheese industry. After Europe sanctioned them in 2014 the import of European dairy products was blocked in Russia. The result? Russia now has a large cheese industry of its ownhttps://t.co/KCjaTW3PwM
— Arnaud Bertrand (@RnaudBertrand) July 21, 2022
As they say in junior assistant smuggler school: "Ya snooze, ya lose."
Also via M. Bertrand:
