The Impact of International Sanctions on Russia: Challenges for Georgia
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Journal article previewИзточник:
Connections: The Quarterly Journal, Volume 22, Issue 3 (2023)ключови думи:
Abkhazia, flights, Georgia, international trade, Russia-Ukraine war, sanctions, transitАнотация:
Following Russia’s unprovoked invasion of Ukraine in February 2022, the United States, along with an international coalition of over 40 allies and partners (including the European Union and G7), imposed sanctions designed to restrict Russia’s access to capital, technologies, and other resources necessary to wage an aggressive war. Despite Georgia’s historical alignment with EU sanctions following Russia’s 2014 actions, the Georgian government opted not to officially join the coalition in 2022, citing economic concerns and fears of potential Russian aggression. However, Georgia’s strategic location and transportation infrastructure have made it a focal point for Russia’s attempts to evade sanctions, creating significant security risks given Georgia’s history of conflict with Russia. This study explores the challenges and threats facing Georgia in the aftermath of the sanctions, focusing on the complexities of balancing its international obligations with its security concerns. The analysis of Georgia’s foreign trade data reveals a surge in trade volumes involving specific products and countries, indicating efforts by Russia to circumvent sanctions. The research methodology integrates academic studies and original statistical analysis to underscore the urgency for Georgia to strengthen its cooperation with coalition members and improve its compliance with sanctions policies. The study concludes by proposing measures for Georgia to mitigate these threats, including developing a comprehensive trade control policy and enhancing administrative capacities to support coalition efforts in weakening Russia’s military capabilities.
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