📆 TOMORROW, August 16, at 11:00 Moscow Time (GMT+3), the Valdai Club will host a discussion on the topic “Sanctions Against Russia – From Here to Eternity?”

❓How long will the sanctions war last? 
❓What are the prospects for increasing pressure on Russia and its partners? 
❓What coercive measures and secondary sanctions could there be in the future? 
❓How can they be resisted in today’s conditions? 

The discussion participants will address these and other questions.

Links to the live broadcast of the discussion will be posted on all online platforms of the Valdai Club: on the website, X (formerly Twitter), VK, Telegram and Dzen.

#Multipolarity_and_Connectivity #sanctions

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🎥 LIVE: at 11:00 Moscow Time (GMT+3), we are starting a discussion on the topic “Sanctions Against Russia – From Here to Eternity?”

https://vk.com/video-214192832_456239203

#Multipolarity_and_Connectivity #sanctions

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🗣 On August 16, 2024, the Valdai Club hosted a discussion on the topic “Sanctions Against Russia – From Here to Eternity?”

📷 Photo gallery

🎥 Video

#Multipolarity_and_Connectivity #sanctions

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🇷🇺 History for Decades: The Present and Future of Sanctions Against Russia

On August 16, the Valdai Club hosted an expert discussion, “Sanctions against Russia – from here to eternity?” Moderator Ivan Timofeev noted that despite the legal possibility of lifting unilateral restrictive measures, the reasons for their introduction against Russia remain and are getting worse. Accordingly, he added, Russia will probably live under sanctions for decades.

💬 Dmitry Birichevsky, Director of the Department of Economic Cooperation of the Russian Foreign Ministry, emphasised that the West, in its geopolitical confrontation with Russia, is trying to use interdependence in global relations as a weapon, and these illegal measures generate destructive consequences for all parties and limit the rights of states to sovereign independent development. However, no matter how difficult they are for many industries, they ultimately force Russia to restructure the entire economy and create high-value-added products within the country. Birichevsky also noted the importance of cooperation with the Global South and integration in the Greater Eurasia space against this backdrop. 

💬 Anastasia Likhacheva, Dean of the Faculty of World Politics and Economics at HSE, believes that the West will primarily improve mechanisms for oversight in the area of compliance with sanctions. The result will be a constant search for dynamic solutions and alternative ways to circumvent restrictions - a kind of eternal game of "sanctions cat and mouse". She believes that the second important factor is pressure on countries friendly to Russia in industries in which the right to work with Russia was not specifically stipulated. For Russia in this context, it will be important to expand the range and develop and complicate cooperation mechanisms, rather than increase trade turnover as such. All this, according to Likhacheva, means that it is no longer possible to be guided by the imperative of cost efficiency and that it is necessary to constantly maintain a balance between a sustainability strategy and a development strategy based on flexibility. 

💬 Glenn Diesen, a professor at the University of South-Eastern Norway, believes that in the long term, the effectiveness of sanctions will decrease significantly, because the world is moving towards multipolarity, and the dependence of other countries on the West is decreasing. It can be assumed that the sanctions will continue to intensify, but this will make it even more difficult to convince the rest of the world, which trusts the West less and less, to comply with them. “I believe that the international system led by the US is slowly disintegrating,” Diesen concluded. “Of course, we need a new economic system with reliable supply chains, reliable transport corridors, and reliable banks.” In this regard, he sees a great future for BRICS. 

💬 Sergey Glandin, Partner at the BGP Litigation, Attorney, spoke about judicial practice in cases of lifting sanctions in the US and EU, and also considered the terminology of the case and the issue of the legitimacy of unilateral sanctions, emphasising that Russia does not recognise any sanctions imposed in circumvention of the UN Security Council as legitimate. Speaking about the prospects, he suggested that if Donald Trump is elected US President, lifting some of the sanctions will be theoretically possible, since American presidents often cancel their predecessors' decrees on sanctions - the law does not require such decisions to be coordinated with Congress. As for the EU, according to the Treaty on European Union, "restrictive measures" are introduced, lifted and extended unanimously.

https://valdaiclub.com/events/posts/articles/history-for-decades-the-present-and-future-of-sanctions-against-russia/

#Multipolarity_and_Connectivity #sanctions

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🌐 What determines the ability of the states to cooperate?

NATO is an old military alliance created in the very first years of the Cold War, while the SCO is a young association that appeared only 10 years after its end.

NATO has a powerful infrastructure for collective military planning, rich traditions and serious executive discipline, while the SCO is an amorphous organisation with a rather weak secretariat, the absence of binding decisions and the inability to talk about any discipline in principle.

NATO brings together 32 countries around one leader; its military and economic capabilities significantly exceed all others. There is no and cannot be a leader in the SCO: it includes countries which are comparable in scale such as India, Russia and China, but the others are not ready to subordinate their policies to the will of the largest countries in the association.

The main thing in which both international organisations differ is their purpose. The central mission of NATO is to preserve the internal political inviolability of the ruling regimes in the participating countries.

The SCO's task is a dialogue on a wide range of issues of international security and cooperation, but it in no way ensures that the ruling circles of the member countries can feel calm about their own future, writes Timofei Bordachev.

https://valdaiclub.com/a/highlights/sco-nato-and-the-fate-of-international-cooperation/

📍 This article is the first part of reflections on the future of international cooperation.

#WiderEurasia #SCO #NATO

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🇮🇳 On June 9, Mr. Narendra Modi was sworn in as India’s Prime Minister for a third term in a grand ceremony at the presidential palace in Delhi.

At 73, Mr. Modi became only the second leader in the country’s history to win a third term, following in the footsteps of its first prime minister, Jawaharlal Nehru.

Prime Minister Narendra Modi’s third term balances continuity and change in India's foreign policy, emphasising strategic autonomy, regional stability, and deeper engagement with the Global South.

His "Neighbourhood First" policy, complex relations with China and Pakistan, and strengthened ties with Russia underscore India's commitment to a multipolar vision and a significant role in global governance, writes Rupal Mishra.

https://valdaiclub.com/a/highlights/charting-india-s-foreign-policy-course-challenges-/

🗣 The author is a participant of the Valdai - New Generation project.

#WiderEurasia #India #NarendraModi #Valdai_NewGeneration

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⛔️ Sanctions, as an important tool in international politics, are unlikely to disappear.

This also applies to unilateral sanctions: the West will continue to impose those restrictive measures on states that oppose it and whose policies do not correspond to Western interests.

However, support for such moves will continue to erode, writes Milana Živanović.

https://valdaiclub.com/a/highlights/future-of-sanctions-policy-in-a-multipolar-world/

🗣 The author is a participant of the Valdai - New Generation project.

#WiderEurasia #sanctions #Valdai_NewGeneration

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🇮🇳🇷🇺 Prime Minister Narendra Modi’s visit to Moscow, his first visit to Russia in five years, signifies the strategic importance India places in its relationship with Russia.

India-Russia relations have been characterised as a long-standing strategic partnership, built on shared interests and values, including their commitment to multilateralism and a multipolar world order.

This visit comes at a crucial time when India is perceived to be tilting towards the West, especially in the context of its foreign policy, which is aimed at counterbalancing China's influence. The visit underscores the multifaceted and evolving nature of India-Russia ties, which are pivotal for India's balanced foreign policy and strategic autonomy, writes Nivedita Das Kundu.

https://valdaiclub.com/a/highlights/strategic-significance-of-pm-modi-s-moscow-visit/

#Return_of_Diplomacy #India #NarendraModi

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