Russian products appear on local platforms as Singapore balances trade interests and limited sanctions.
Despite the international isolation of Russia following its invasion of Ukraine over two years ago, Russian-made goods are increasingly surfacing on Singapore’s online marketplaces. Items such as salmon roe, hair conditioner, and chocolates can be found at significantly discounted prices on popular platforms like Lazada and Shopee, offering stark competition to higher-priced products from other regions.
Unlike many nations that have implemented broader sanctions, Singapore’s restrictions primarily target fundraising activities that benefit the Russian government and impose prohibitions on specific exports to Russia. Notably, there are no bans on the import or sale of Russian groceries, which has facilitated the presence of these products on local shelves. Many of these goods appear to be routed through China, a country that has not imposed sanctions on Russia.
Singapore’s approach has been characterized by a pragmatic stance, as emphasized by Tommy Koh, ambassador-at-large at the Ministry of Foreign Affairs. While the city-state has condemned Russia’s actions, its heavy reliance on trade necessitates engagement with all markets, regardless of prevailing political sentiments. This strategy reflects Singapore’s commitment to maintaining a balanced trade environment, even amid global tensions.