Post-sanctional architecture in economic relations Russia–East Europe Cover Image

Постсанкционная архитектура экономических отношений России и стран Восточной Европы
Post-sanctional architecture in economic relations Russia–East Europe

Author(s): Alexey Drynochkin
Subject(s): International relations/trade
Published by: Wydawnictwo Adam Marszałek
Keywords: Eastern Europe; sanctions; Russia; foreign trade; investment

Summary/Abstract: Economic relations between Russia and Eastern Europe are reasonably stable, but they are characterized by lack of scale. Therefore, sanctions/contrsanctions have not a systemic effect on bilateral relations, although they have on individual companies. Prospects for Russia’s economic relations with the Eastern European countries are evaluated in terms of their embeddedness in the overall relations between Russia and the West. It follows that is not necessary to expect a quick lifting of sanctions, despite the obvious decline over time the economic damage they cause to all parties involved. Possible in the long term mutual cancellation of sanctions regimes will likely be expressed in increase of the positive effects on normalization of trade and investment, but the magnitude of these effects will hardly be noticeable.

  • Issue Year: 13/2017
  • Issue No: 2
  • Page Range: 28-42
  • Page Count: 15
  • Language: Russian