Dan Harris, a trade lawyer who specializes in doing business in emerging markets and co-authors the China Law Blog, said the business calculus has changed because of the sanctions imposed on Russia.
“Companies that are not sanctioned … they are saying ‘I’m out’ because of reputational reasons or because it’s not worth figuring out and risking getting in trouble to sell a hundred thousand dollars’ worth of product to Russia. It’s just easier and safer to get out,” he told VOA Mandarin by phone.