Last year, Russia, thanks to the sale of its goods for export, managed to accumulate windfall offshore profits totaling $ 227 billion.. Bloomberg estimates that about $80 billion of these funds are held in cash, real estate and investments in affiliates abroad..

" This de facto neutralized the effect of the central bank assets freeze in March 2022, since Russia could return what was lost,” said Maria Shagina, an economist at the International Institute for Strategic Studies in the UK..

However, given the restrictions on oil exports, which actually recently came into force, the current account surplus of the Russian Federation fell sharply. The Central Bank of Russia forecasts it at $66 billion this year, $48 billion in 2024 and $41 billion in 2025..

In addition, according to the publication, any new profits accumulated abroad could make them a target for sanctions, especially if public funds. The Russian government is a shareholder in many of Russia's largest exporters, although it has become more difficult to identify the owner of the money.

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Recall that Scholz and Biden assured that sanctions against the Russian Federation will continue in the future. And against countries that help the Russian Federation to circumvent sanctions, additional methods will be applied.