Robin Brooks, the Chief Economist at the Institute of International Finance (IIF), former Chief Currency Strategist at Goldman Sachs, and former Senior Economist at the International Monetary Fund (IMF), has noted a sharp increase in shipments from the EU to Armenia.
“In the long and glorious history of the Armenian customs police, never before has such a massive surge in goods shipments from the EU been successfully processed. Not to mention then repackaging all this stuff and bundling it off to Moscow, which is where it’s really going…” wrote the economist on the social network X, illustrating his conclusions with the corresponding graph.
In the long and glorious history of the Armenian customs police, never before has such a massive surge in goods shipments from the EU been successfully processed. Not to mention then repackaging all this stuff and bundling it off to Moscow, which is where it's really going… pic.twitter.com/X1YhXtJPLH
— Robin Brooks (@robin_j_brooks) January 31, 2024
