Halal as the Staff of Life: “New” Growth Areas in Russian–Indonesian Trade Ties

... official announcements have confirmed its opening. The missing address and map marker on REC’s official website, unlike for other countries, strongly suggests that the office in Indonesia is not yet operational. Second, due to concerns about secondary sanctions, Indonesian banks are cautious about building payment and settlement cooperation with Russia, particularly when it comes to connecting to the Russian alternative to SWIFT —the System for Transfer of Financial Messages (SPFS). The Central Bank of Russia ...