Sanctions as the main tool of economic diplomacy
As the international crisis around Ukraine escalates, countries in the West, especially the United States, have increasingly used economic diplomacy against Russia, and threaten to expand the scale and reach of sanctions. Sanctions have also been a key mechanism by which America exerts pressure on Iran and many other countries. Why are these tools of economic coercion increasingly becoming a basis for pursuing ...
... It requires a fairly large expenditure of time, effort, and finances. Another factor is insufficient efficiency and qualification of our economic diplomacy. A substantial shift in orientation “from the West to the East” requires from our economic diplomacy more energetic efforts in concluding economic alliances at the level of separate companies and regions. In their addresses to the Russian diplomatic corps, Dmitry Medvedev and Vladimir Putin have been sending this message more than once over the past few years.
As to the positions of our business in Asia Pacific, we can speak mostly about large state corporations. What prevents ...