How EU sanctions against Russia are failing | DW Documentary
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This video investigates how western economic sanctions against Russia may be failing, examining trade routes and loopholes through Georgia, Armenia, and Kyrgyzstan where western goods and Russian oil continue to flow.
From the video
Answers: How are western sanctions against Russia failing through the Caucasus and Central Asia?
- western sanctions against Russia
- trade routes through Georgia
- sanctions evasion via Caucasus
- export surges to Russia neighbors
- oil and dual-use goods smuggling
What it concludes
- Western goods and sanctioned items are continuing to make their way into Russia through neighboring countries like Georgia, Armenia, and Kyrgyzstan.
- German exports to Georgia increased by 48 percent, to Armenia by 132 percent, and to Kyrgyzstan by 773 percent in the first quarter of 2023.
- Companies in Russia and its neighbors are utilizing trade loopholes and transit corridors to bypass western sanctions and obtain restricted products and luxury cars.
- The evasion of sanctions through third countries raises prices on products entering Russia and provides alternative revenue streams for the Russian economy.
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