⛔️ 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.
💢 The most significant package of restrictive measures was introduced by the United States. More than 500 Russian citizens and organisations were included in the list of blocked entities. Secondary sanctions against a number of companies from third countries cooperating with Russia can be considered equally common.
💢 As for the EU, the new sanctions have their own characteristic: 87 organisations and 105 individuals were included in the lists of blocked persons. However, even here the structure of the distribution of sanctions changes little. The new secondary EU sanctions have become peculiar. A number of companies from Turkey, Thailand, Kazakhstan, China, Serbia, India, Singapore, Uzbekistan and Sri Lanka have been listed in Annex IV of Regulation 833/2014.
💢 The UK has extended blocking financial sanctions to a number of large Russian industrial companies. The country has also decided to introduce secondary sanctions against Russia’s partners from third countries, but unlike Brussels, it has applied the mechanism of 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.
In quantitative terms, the number of Russian companies and citizens subject to restrictive measures was indeed high. However, 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, writes Ivan Timofeev, Programme Director of the Valdai Discussion Club.
https://valdaiclub.com/a/highlights/new-sanctions-against-russia-taking-a-swing/
#Multipolarity_and_Connectivity #sanctions #UnitedStates #EU #UK
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💢 The most significant package of restrictive measures was introduced by the United States. More than 500 Russian citizens and organisations were included in the list of blocked entities. Secondary sanctions against a number of companies from third countries cooperating with Russia can be considered equally common.
💢 As for the EU, the new sanctions have their own characteristic: 87 organisations and 105 individuals were included in the lists of blocked persons. However, even here the structure of the distribution of sanctions changes little. The new secondary EU sanctions have become peculiar. A number of companies from Turkey, Thailand, Kazakhstan, China, Serbia, India, Singapore, Uzbekistan and Sri Lanka have been listed in Annex IV of Regulation 833/2014.
💢 The UK has extended blocking financial sanctions to a number of large Russian industrial companies. The country has also decided to introduce secondary sanctions against Russia’s partners from third countries, but unlike Brussels, it has applied the mechanism of 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.
In quantitative terms, the number of Russian companies and citizens subject to restrictive measures was indeed high. However, 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, writes Ivan Timofeev, Programme Director of the Valdai Discussion Club.
https://valdaiclub.com/a/highlights/new-sanctions-against-russia-taking-a-swing/
#Multipolarity_and_Connectivity #sanctions #UnitedStates #EU #UK
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