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Analyses |
| Iwona Wiśniewska
On 17 October, the Novosibirsk-based Food Export Trade and the state-owned China Chengtong International Ltd signed a 12-year ‘general contract’ to supply China with 70 million tonnes of grain, legumes and oilseeds produced in the Urals,…
OSW Commentary |
| Iwona Wiśniewska
Public funds became the most important lever of economic activity in the Russian Federation when it invaded Ukraine and due to Western sanctions. According to the Russian finance ministry’s estimates, the total value of budget support for…
OSW Commentary |
| Maria Domańska, Iwona Wiśniewska, Piotr Żochowski
Although Kremlin propaganda has attempted to present the occupied Donetsk, Luhansk, Kherson and Zaporizhzhia oblasts as permanent elements of the Russian Federation (RF), Russia’s policy towards them has been characterised by violence and…
OSW Commentary |
| Iwona Wiśniewska
The Kremlin has made further attempts in recent months to use the food market to intensify pressure on the West, primarily in order to ease the sanctions imposed on the Russian Federation. For example, Moscow is again threatening to pull…
Analyses |
| Iwona Wiśniewska
On 23 June, the European Union adopted its eleventh package of sanctions against Russia. It includes the following arrangements and restrictions:
OSW Commentary |
| Iwona Wiśniewska
Preliminary estimates by Rosstat indicate that in Q1 2023 Russia’s GDP decreased by 1.9% y/y, although earlier in its report the Central Bank of the Russian Federation (CBR) estimated the decrease at 2.3%.
Analyses |
| Iwona Wiśniewska
Analysing Russia’s current economic situation is becoming increasingly difficult. Since the beginning of its invasion of Ukraine, the Kremlin has restricted access to statistical data, including those concerning foreign trade. On 26 April…
Analyses |
| Iwona Wiśniewska
On 25 April, President Vladimir Putin signed a decree allowing the authorities in Moscow to establish the temporary administration of assets located in the Russian Federation belonging to individuals and legal entities from countries the…
OSW Commentary |
| Iwona Wiśniewska
Russia’s invasion of Ukraine and the sanctions that followed it have brought multi-billion losses to Russian big business. The magnitude of blows dealt to its main representatives has resulted in a shift in the business model they have…
Analyses |
| Adam Michalski, Iwona Wiśniewska
Overnight on 6 to 7 March, the Turkish electronic customs system stopped accepting transit declarations of goods sent to Russia and Belarus that were subject to EU sanctions. This fact was reported by Russian logistics companies involved…