Professional Documents
Culture Documents
Quiz Assignment 2
Quiz Assignment 2
Quiz Assignment 2
Arnav Saini
Sean O’Hara
Video Summary
The video on the topic “How EU sanctions against Russia are failing” basically shows
us that how dual-use goods with military applications are making their way into Russia.
These goods include cars, weapons, and replacement parts for associated businesses in
addition to microelectronics. We see by the findings of the reports from DW reporters who
went to Georgia, a Western-oriented nation that formally backs the sanctions, who are close
neighbours of Russia and carrying with them all the associated geopolitical and economic
responsibilities. We see that the increase in German exports to the neighbouring countries of
Russia like Georgia, Armenia and Kyrgyzstan have risen in the first quarter of 2023. The
thing that I found interesting is how fast and effectively Russia can work around the
thousands of sanctions imposed by the EU and the US. The workaround on how people could
buy cars in Georgia and take them to Russia through Kyrgyzstan and or Armenia or how
trucks enter Russian border with both EU and Russian plates on one vehicle waiting for days
with who knows what goods. Something I did not know that how Petroleum products are
brought into the ports of Georgia and then their documents are altered to sell the products to
third countries. At the end we see that if Georgia wants to join EU, then it would have to take
Article Summary
In the article “Are the economic sanctions against Russia actually working?” we see
concerns regarding the efficacy of the initial restrictions led to the European Union's 11th
round of sanctions against Russia, which targets businesses in other countries that are
allegedly evading the previous ones (Nozhin & Bellamy, 2023). With more than 13,000
sanctions against Russia, more than those imposed on Iran, Syria, North Korea, and Cuba
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engagement with businesses are part of the efforts to stop circumvention. The Russian
economy showed resiliency in the short run, contracting by just 2.1% last year and growing
by 0.7% in 2023, but the long-term effects are cause for alarm. Russian oil exports have
possible economic consequences (Nozhin & Bellamy, 2023). There are fears that successful
circumvention could lead to a concentration of resources in the military sector, causing long-
Chinese enterprises, which contributes to further tensions between Europe and China
(Prokopenko, 2023). While conflict between Europe and China is considered as less likely
due to strong economic links, fears about China's support for Russia and possible cooperation
The article briefly mentions Russia's "pivot to the South," which aims to deepen
connections with Asia, Africa, and Latin America. The failure of nations in the Global South
to denounce Russia politically and join sanctions may have an impact on their effectiveness,
potentially leading to sanctions being extended to more critical third countries (Prokopenko,
2023).
on Russia made thousands of companies to move out of Russia which affected Russia’s
economy and military making them take a hit due to increase in prices of almost everything
that Russia used to imports may it be for its residents or its military equipment, making it
suffer from inflation and supply shortages eventually to try to destabilize the government.
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References
YouTube. https://www.youtube.com/watch?v=z7yofon22AM
3. Nozhin, V., & Bellamy, D. (2023, June 28). Are the economic sanctions against