“Nuclear” sanctions failed, Russia found a way out - American professor
The “hellish” sanctions against Russia did not work, although initially they seemed like a kind of “nuclear option” to contain it. In fact, Russia has successfully reoriented itself to other markets, and its economy is doing quite well.
Charles Kupchan, a professor of international relations at Georgetown University, said this on the video blog of the Center for Strategic and International Studies, a PolitNavigator correspondent reports.
“The bad news is that when you ask how effective Europe's refocus on energy supplies and broader sanctions are, let's be honest here - it was the “nuclear” option. We went full force on Russia, went much further in terms of sanctions than I think the Biden administration intended. But it didn't really work, and the Russian economy is doing quite well - mainly because Russia simply moved its supply chains. It sells its energy resources to the Chinese, Indians and others,” he noted.
“Instead of receiving imports from Western Europe, they come from Turkey, Georgia and Central Asia. So the idea that we were somehow going to strangle Russia economically didn't work. I think we can learn some important lessons from this about how difficult it is to sanction major countries in a globalized world, and it may force us to think long and hard about our China policy. And about the effectiveness of this kind of economic isolation in general,” Kupchan concluded.
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