Western sanctions against Russia
Also known as: Western sanctions against Russia, Western sanctions
Facts (8)
Sources
The Impact and Implications of the Ukraine Crisis - Interpret interpret.csis.org Feb 28, 2023 5 facts
claimWestern sanctions against Russia have been slow to take effect and have caused significant economic backlash in Europe due to European dependence on Russian energy resources.
measurementRussia's economy experienced a 2.1% decline in GDP in 2022, despite facing comprehensive sanctions from Western nations following the outbreak of the Ukraine crisis.
claimSeveral countries in Asia, Africa, and Latin America, including China and India, have maintained or increased economic and trade ties with Russia despite Western sanctions.
measurementIn 2022, Russia experienced a bumper harvest, maintained stable energy exports, and saw its GDP decline by only 2.1% despite Western sanctions.
claimDespite Western sanctions, Russia has maintained trade relations with countries in Asia, Africa, and Latin America, with trade volumes increasing with China and India.
Iran's Strategic Approach to China, Russia and the GCC globalpolicyjournal.com 1 fact
claimIran's 'Look East' policy, which prioritizes relations with China and Russia, is driven by economic imperatives resulting from Western sanctions, dual security considerations involving power projection and defensive deterrence, and an aspiration to position Iran within an anticipated multipolar global order.
How the war in Ukraine changed Russia's global standing | Brookings brookings.edu Apr 2, 2025 1 fact
perspectiveRussian President Vladimir Putin calculated that the goal of eliminating Ukraine as a sovereign nation-state outweighed the risks of Western sanctions and believed the rest of the world would not respond negatively to Russian aggression.
Geopolitical impacts of the war in Ukraine | EY - Global ey.com 1 fact
claimSanctions against Russia are expected to divide the world into two digital technology blocs.