From Bloomberg via Yahoo News, June 30:
Heavily discounted Russian-made goods, from hair products to chocolate, are finding their way onto Singapore’s virtual supermarket shelves even as many countries — and companies — shun doing business with the nation following its invasion of Ukraine more than two years ago.
Visitors to Alibaba Group Holding Ltd.’s Singapore Lazada and Redmart sites can find several products originating from Russia, including 120 gram jars of salmon roe for S$11 ($8) as well as 460 mL bottles of hair conditioner for S$2.49. On other Singapore grocery sites, similarly sized jars of roe range between S$15.90 to S$44. On Shopee, a subsidiary of Sea Ltd., the online shelves are stocked with bargain made-in-Russia waffle cakes and hazelnut milk chocolates.
While several nations have import prohibitions on goods that have originated from Russia, Singapore’s sanctions are limited to fund raising activities that benefit the Russian government and exports from the city-state that could directly contribute to the war effort. There isn’t any prohibition against selling Russian groceries on the island and globally there are no sanctions on Russian exports of food.
Based on the labels of the products purchased by Bloomberg News, most appear to have been shipped from China. China hasn’t imposed sanctions in response to Russia’s war in Ukraine.
Representatives for Lazada and Shopee didn’t respond to requests for comment.
Globally, more than 1,000 multinational companies have publicly announced they’re voluntarily pulling away from Russia beyond the bare minimum legally required by international sanctions, according the Yale School of Management
Singapore has strongly condemned Russia’s attack on Ukraine and last year, then Prime Minister Lee Hsien Loong said Russia’s invasion of Ukraine gravely violated the United Nations charter and international law. But as the war drags into its third year, any outpouring of anger may be ebbing.
“Singaporeans may be against the Russian invasion of Ukraine but they’re not against Russian goods,” Tommy Koh, ambassador-at-large at Singapore’s Ministry of Foreign Affairs, said. “In Singapore, trade is our lifeblood. We trade with every country whether we like them or not.”....
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