Although sanctions have affected the Russian economy, it continues to grow and become resilient towards increased trade barriers
Since 2014, Russian and American diplomacy has been defined by economic sanctions. This has become the default, expected option for U.S. policymakers—but Russia has ...
... exacerbated relations with the West since 2014 [Afontsev 2015; Bartenev 2018], although the U.S. policy of imposing unilateral restrictions was previously studied as well (see, for instance, [Shakirov 2011]). Russian scholars studied relations between sanctions and the global economy [Simonov 2015] and investigated sanctions as a foreign policy instrument [Baluyev 2014], the effect of sanctions on the Russian economy [Gurvich, Prilepsky 2016], the relations between sanctions and investment in Russian regions [Kuznetsova 2016],...
Policy Brief #33 / 2020
On September 30, 2020, the Russian Federation and the Republic of Korea celebrated the 30th anniversary of establishing diplomatic relations. This is a good occasion to look back at the achievements, taking into account miscalculations and problems in bilateral cooperation, as well as to assess the prospects for further collaboration.
An objective look at the journey the two countries have travelled over these years shows that the Moscow–Seoul dialogue has demonstrated generally...
... aid to Damascus
The ninth year of internal armed conflict has brought new challenges to Syria. According to
data from the United Nations Economic and Social Commission for Western Asia
published on September 23, 2020, the damage done to the Syrian economy by the end of 2019 exceeded USD 442 bn. Still, under sanctions and with no international consensus on how to finance recovery, the country has not only failed to overcome the acute economic crisis but has also been hit by the negative consequences of the coronavirus pandemic, compounded by an unstable situation ...
... possibility of non-sanctioned Lebanon acting as an intermediary, suggesting that China
invest in the Tripoli port
in order to transform it into a “hub” for entry into Syria, moot.
The potential of Abkhazia and Crimea, which have already been hit by sanctions, to act as intermediaries is objectively increasing. For instance, the
Agreement between the Council of Ministers of the Republic of Crimea and the Ministry of Economy and Foreign Trade of the Syrian Arab Republic on Trade and Economic Cooperation as part of plans to create a joint trading house to export grain and industrial products to Syria with payments to be made in roubles, and the
Agreement on Cooperation ...
... positive agenda as soon as he
failed
to deliver an efficacious response to the pandemic, which has already put the country's economy at risk of
recession
with a gloomy long-term economic outlook.
Russia can no longer alone serve as a scapegoat for misdoings ... ... U.S. has resorted to a maximum pressure campaign against China. In 2018 a full-scale trade war
erupted
and was followed by
sanctions
introduced against the most vital industry for China’s global rise — the hi-tech sector. Huawei and ZTE were
swiped
...
... Department of State
The United States Department of Justice
Federal Bureau of Prisons
The U.S. authorities demand to release the American citizens jailed abroad (
https://www.state.gov/secretary-michael-r-pompeo-at-a-pres…/
). They are promising to impose sanctions against “guilty governments”, should their compatriots die due to the coronavirus.
Meanwhile, the situation with COVID-19 in the American correctional facilities keeps deteriorating rapidly (
https://www.bop.gov/coronavirus/
). Many inmates ...
... round table, Ivan Timofeev, RIAC Director of Programs, made a presentation of the report on sanctions against Russia: approaches to analysis and risk structure for the economy, in which he touched upon the problems of risk assessment and the impact of sanctions on Russia's economy. Then Yury Kuznetsov, Leading Researcher at FRI Center for Financial Policy, presented a report on financial transfer mechanism of sanctions and the possibilities to counter it, which outlined the existing mechanisms for the transfer of the sanction ...
We need to tread thoughtfully and astutely in terms of our diplomacy while being careful not to become too dependent on anyone or take sides
While it may be a little early to talk about the emergence of a bipolar era in the tech world, the question of what policy Russia should follow against the backdrop of the confrontation between the two undisputed tech leaders (the United States and China) is more pressing than ever.
Vassily Kashin
of the Centre for Comprehensive European and International...
... the financing of National projects. In the monetary sphere the key vulnerability as identified by Maxim Oreshkin, Russia’s Economy Minister, was the excessive rate of consumer loan growth. The latter however subsided towards the end of the year as the ... ... credit growth going forward.
The external backdrop in 2019 may be categorized as being broadly favourable, given the reduced sanctions pressure, the relatively comfortable level of oil prices (partly on the back of the OPEC+ measures) and increasing inflows ...