... sanctions. The threat of such sanctions is also perceived as a risk by banks in the BRICS countries, especially following the December 2023 amendments to Executive Order 14024. The amendments give the US Treasury the authority to impose blocking financial sanctions on foreign banks involved in transactions with the Russian military-industrial complex or in transactions in goods from US export control lists. Banks in what Moscow considers friendly countries had previously been cautious in transactions with Russia, but now their caution has increased. Payments in ...
... blocking sanctions to them.
They include companies from Turkey, China, the UAE and Switzerland.
The lists of blocked persons have also been expanded or are about to be expanded
by Canada
,
Japan
,
Australia
and
New Zealand.
Will the impact of new sanctions on the Russian economy be fundamental? Hardly. Yes, the number of blocked individuals is relatively high. But financial, industrial, defence and technology companies have long lived under a regime of sanctions against Russia as a whole, as well as individual ...
... cooperation in this area even before the pandemic was over. However, the recovery of tourist flows from Russia, which the key countries in the region were counting on to revitalize their economies, faced new challenges triggered by the imposition of Western sanctions on Russia after February 2022.
The most serious factors of the connectivity gap were logistics and finance. Although prior to February 2022, experts had uttered their regret that not all countries in the region had direct air links, generally, logistical ...
... systematic attempts to force businesses from third countries to refuse to cooperate with Russia, especially in the field of industrial supplies and technological cooperation. These are the three areas, which allow us to deduce the base-case scenario of anti-Russian sanctions in 2024. Let us consider them in detail.
Ivan Timofeev:
2023: Stabilisation After the Shake-Up
The expansion of blocking sanctions is a routine process that ushers in each new wave of restrictive measures against Russia. More and more Russian ...
... red line. Ideologically, Russia and the West have become fundamental rivals for each other. There are no visible compromise solutions to their contradictions. Both sides expect to impose their terms on each other. The West hopes to do so by exhausting Russia with sanctions, providing direct assistance to its military enemy, waging an information war and influencing countries which are neutral or friendly to Russia. Russia hopes to do so by inflicting a military defeat on Ukraine and solving the tasks of the special ...
... areas of bilateral cooperation between Russia and Serbia, considering today’s international climate and the influence of third-party states on these relations. Looking forward, the paper also assesses the probability of Belgrade tagging onto the anti-Russian sanctions in the future.
The Prospects for Russian-Serbian Relations Amid Sanctions
, 2.2 Mb
... Abu Dhabi has been repeatedly demonstrated at both diplomatic and economic levels. The UAE abstained from voting on a UN resolution condemning Russia for conducting a special military operation in Ukraine. Abu Dhabi also ignores Washington’s anti-Russian sanctions. In response, the U.S. Department of the Treasury openly criticized the UAE and imposed sanctions on several Emirati organizations. Recently, personal contacts between UAE and Russian leaders have become more frequent, particularly by expressing ...
... stranger to such groups and panels: an independent monitoring group, the Mali Panel of Experts, had previously reported to the Council twice a year on how the situation in Mali has changed and, if need be, establish new designations. However, following Russia’s recent veto, sanctions were suddenly lifted, and the highly contested Panel of Experts immediately dissolved.
Mali’s Turning Point
Beginning in 2012, groups like Amnesty International reported that Mali was experiencing a
human rights crisis
stemming from protests ...
... territory of the EU countries. In fact, the European Commission has granted wide discretion to national customs and other authorities in taking restrictive measures against Russians. Given the
work
on criminalization of acts related to violating the sanctions [
2
] at the EU level, soon any Russian citizen staying in the EU territory can potentially be held criminally liable, because everyone has clothes, cell phones, perfumes, etc. in their possession. If we take the logic of the European Commission’s officials further, we can model a ...
The regime of Western sanctions against Russia is likely to continue for decades. Therefore, investing in diversification is in many ways a non-alternative strategy
The US Treasury has introduced another series of financial blocking sanctions against Russian citizens and legal entities. The ...