The latest wave of sanctions does not bring qualitative changes—their impact on the Russian economy and its relations with foreign partners is unlikely to be fundamental
Amid the second anniversary of the start of the Special Military Operation (SVO) in Ukraine, a number of Western countries and associations launched a new set of sanctions against Russia, as expected. In quantitative terms, the number of Russian companies and citizens subject to restrictive measures was indeed high. However, the...
... Commerce.
We are talking, first of all, about electronics. The number of trade items banned for delivery to Russia is in the thousands, but these nine positions are the priority. Blocking sanctions on the grounds of violation of export controls will be introduced ... ... "luxury goods" or other less technologically advanced manufactured goods. But this practice may appear in the future.
The European Union is also introducing instruments into its law that allow the application of similar sanctions. For example, paragraph ...
... anti-Russian regimes of restrictive measures can also be used as an intermediary jurisdiction for the supply of
sanctioned goods.
Ivan Timofeev:
Eleventh Package of EU Sanctions. What's New?
One of the scenarios is where an order is placed in the USA for this or that product by a firm in an allied country that is not affected by export controls, with the subsequent delivery of the product to Russia.
The next group of indicators is related to the nature of the transaction. Trying to split a transaction ...
... research workshop on technological leadership in the transformation of the world order.
During the workshop, leading experts discussed key issues of global technological leadership in the new environment and considered the development policy of the USA, China, the EU, and India in the field of innovative technologies against the backdrop of growing competition.
Ivan Timofeev, RIAC Director General, and Sergey Afontsev, Deputy Director for Research at the Primakov Institute of International Relations ...
... been defeated, there are still sleeper cells in the Syrian desert. According to the UN, there are between 6,000 and 10,000 ISIS terrorists in Syria and Iraq, not counting the present representatives from other organizations. Additionally, there are thousands of terrorists in Syrian prisons (including those controlled by the Syrian Democratic Forces), which are becoming breeding grounds for jihadist ideas.
Moreover, the risk of escalation between individual countries still remains. There is a U.S. military ...
... to regulate tech giants around the world have marked global long-term trends. The authors of this working paper take a closer look at recent key changes in Big Tech regulation both at the international level and in individual jurisdictions of the EU, USA, China and Russia, examining the different ways in which governments have tried to strike a regulatory balance between freedom and security, as well as between digital ecosystem development and healthy competition. This paper also includes an analysis ...
We can talk about the relative novelty of the sanctions in terms of the number and intensity of the measures applied. However, for a number of qualitative characteristics, they contain patterns that have been well studied in the past
The “sanctions tsunami” against Russia is rightly considered unprecedented since the end of the Cold War. Strictly speaking, it is very difficult to find a suitable analogue of the current situation even in earlier periods. Despite the fact that the sanctions’ target...
... COSCO Shipping Tanker and some other companies for the alleged transportation of Iranian oil in 2019 can serve as a warning. The European Union has also provided for a mechanism to punish ships carrying Russian oil above the price ceiling. Violating ships ... ... Regulation No 833/2014 suggests that we are talking about any ship,
regardless of the country of origin
.
Yulia Sokolshchik:
USA Versus USA: Why American Business Also Loses from Sanctions
Similar problems may also arise when a Russian insurance company ...
... persons in the jurisdiction of the initiating country carrying out financial transactions with them. By the decision of the European Union, some Russian banks (Sberbank, Moscow Credit Bank, etc.) were disconnected from SWIFT.
At the G7 level, a decision ... ... prohibiting them from carrying out road cargo transportation on the territory of the Russian Federation.
Yulia Sokolshchik:
USA Versus USA: Why American Business Also Loses from Sanctions
It is important to note that Western countries have also increased ...
... Treasury amounted to a little over $5.7 billion, $5.3 billion of which was paid by financial sector companies, mainly from the European Union, Switzerland and the UK. The bank
BNP Paribas
paid a record fine - more than $963 million, for violating the US ... ... large proportion of companies from Europe and the UK that have been fined are large banks that have committed hundreds and thousands of violations. The top ten companies that paid the largest amounts of fines accounted for 54,783 violations. In 74 cases,...