... consequences of political conflicts between one member of an economic union and other countries may affect it directly, as was the case, for example, in 2014, when New Zealand refused to create an FTA with the Customs Union.
However, unilateral countersanctions imposed by Russia directly affect the interests of the EAEU member countries and the stability of the Union itself (primarily politically). For example, the unilateral food embargo announced by Russia in 2014 against the European Union and some other countries irritated the EAEU member states not because it ...
... latest
anti-Russian sanctions
levied by Washington are unprecedented, and their inherent destructive potential could have severe consequences that extend far beyond U.S.–Russia relations. Whatever the economic fallout for Russia and other states, the sanctions pose a fundamental question about what the Russia–Europe–United States relationship could and should look like in the context of the new global configuration that is taking shape before our very eyes.
Until very recently, people were once again prophesying the fall of Europe, a belief popular among ...
The European Union imposes sanctions against Russia only to demonstrate its unity, dean of the world economy and world politics department at the Higher School of Economics Sergey Karaganov told reporters on the sidelines of the Valdai Club meeting in the southern Russian city of Sochi.
"This ...
... man-made decisions which have caused an abrupt disruption of sustainable growth of economic turnover which we had been witnessing up to 2014. It means that amelioration also depends on decisions taken by people.
I presume everybody understands that Russia will not beg the EU to abandon sanctions. Besides, it would not even make sense as the EU is acting in unison with another well-known non-European state. Abrogation of sanctions is up to those who have devised and implemented them.
But let us try to imagine if amelioration happens ...
... expert.
He pointed out that finally, Russia needs to have a favorable international environment if it intends to modernize itself.
Further, Kortunov noted that the relations between Russia and the major players are not perfect to put it mildly.
“Russia is under sanctions from the US and the European Union,” he said. “Russia has very complicated relations with its neighbors in the West and has a crisis in relations with Turkey.”
These are the top challenges which are typical for any country in the world that is vulnerable ...
