Source link : https://earth-news.info/general/how-russias-sanctions-evasion-could-create-lasting-costs-the-new-york-times/
As Western nations tighten economic sanctions aimed at curbing Russia’s military ambitions, Moscow’s ongoing efforts to sidestep these restrictions reveal a complex and potentially costly game of financial cat-and-mouse. While sanctions have strained Russia’s economy, this evasive maneuvering carries significant risks that could undermine the country’s long-term economic stability and geopolitical standing. In this article, The New York Times examines how Russia’s strategies to evade sanctions may ultimately impose lasting costs, reshaping the global economic landscape and complicating international relations for years to come.
Understanding the Mechanisms Behind Russia’s Sanctions Evasion
Russia has increasingly relied on a sophisticated network of financial engineering, proxy entities, and alternative trade channels to circumvent the punitive economic measures imposed by Western nations. These methods include the use of shell companies registered in jurisdictions with opaque regulatory frameworks, leveraging cryptocurrency transactions to obscure the flow of funds, and rerouting exports and imports through third-party countries. This multifaceted approach not only undermines the effectiveness of sanctions but also complicates international monitoring and enforcement efforts.
Key tactics employed in this evasion strategy include:
- Shadow Banking: Utilizing non-traditional lenders and informal credit networks to facilitate cross-border financial…
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Author : earthnews
Publish date : 2025-09-22 06:20:00
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