Tag: Western sanctions
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Ukraine conflict and Western Sanctions against Moscow: Analysis of Russian Efforts to Repatriate Frozen Assets in 2024
In 2024, Russia successfully recovered approximately 570 billion rubles ($6.3 billion) in assets previously frozen by Western nations because of the ongoing geopolitical conflict. Even with its successes, the substantial amount of Russia’s reserves frozen, primarily in the EU, remains a significant threat to its financial health.
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Kazakhstan strategy between Russian alliance and Western sanctions
Tokayev’s suggestion to create an organisation in the framework of the CIS to promote the Russian language might be interpreted as Kazakhstan’s attempt to normalise relations with Russia, which were downgraded due to the Ukraine conflict and the Western sanctions.
