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In recent years, the relevance of searching for alternative solutions in the field of cross-border payments has been associated with sanctions restrictions against Russia, which negatively affect international trade not only in the Eurasia region, but throughout the world.
New informal trading blocs are likely to emerge in South Asia, centred on India or a major ASEAN country such as Indonesia. Russia’s preferred strategy will be to refrain from joining any single «constellation,» maintaining equidistance from the EU, China, and the new Asian hubs