Re-assessment of the Effectiveness of Sanctions Against Russia

More than two years have now passed since Russia’s full-scale invasion of Ukraine on 24 February 2022. During this period, an unprecedentedly broad package of sanctions has been imposed against Russia, with the quantity of measures and the targeted sectors, entities, and individuals constantly expanding. This bulletin, which is a follow up to an earlier issue published in 2022, provides a re-assessment of the effectiveness of the most important sanctions to have been imposed on Russia since its invasion of Ukraine on 24 February 2022.

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