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In 2022, the transport industry in Russia and the EAEU as a whole faced unprecedented challenges in the logistics of goods flows due to large-scale trade restructuring in the wake of sanctions restrictions.
The outlook for the global economy has slightly improved since the WTO’s most recent trade forecast was issued in October of last year but the pace of trade expansion in 2023 is still expected to be subpar, weighed down by the ongoing conflict in Ukraine, stubbornly high inflation, tighter monetary policy and financial uncertainty.