Sanctioned and non-aligned states keep building payment links outside Western banking, while banks in third countries keep restricting sanctioned clients, so dedollarization advances at the state level more slowly than its advocates claim.
forming · confidence 40 · Emerging (watchlist) · tracking since October 27, 2026 · updated October 27, 2026
Moscow is hosting the Gas Exporting Countries Forum and 22 African leaders with payment systems outside Western banks on the agenda, while Russian clients report new difficulty opening bank accounts in Turkey. Both halves of the thesis appear at once: state-level rail building, and third-country banks restricting sanctioned clients.
Supporting · October 27, 2026
Moscow hosts gas exporters and 22 African leaders with an agenda on payment systems outside Western banks
Moscow is hosting the Gas Exporting Countries Forum and 22 African leaders with payment systems outside Western banks on the agenda, while Russian clients report new difficulty opening bank accounts in Turkey. Both halves of the thesis appear at once: state-level rail building, and third-country banks restricting sanctioned clients.
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