✉news BusinessFinance first seen 1 d ago, last 1 d ago, peak #24
Russian ministers join board of trade payments firm A7
Original: Russian ministers join board of key trade payments firm A7
Russian government ministers have taken seats on the board of A7, a firm that handles key cross-border trade payments for Russia. The move puts senior officials at the heart of the payment infrastructure used for Russian foreign trade, at a time when sanctions have complicated transactions with international partners. The appointment has drawn attention given A7's central role in settling trade deals.
Why now: The direct involvement of government ministers in a key payments company is notable amid sanctions pressure on Russian trade finance.
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