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2 months ago General
Russia has developed international infrastructure for circumventing Western sanctions and financing its war against Ukraine. Its shadow fleet uses opaque ownership, changing flags, and weak oversight of maritime registries to keep Russian oil moving across global markets. In Kyrgyzstan, a rapidly expanding cryptocurrency sector provides Russian companies and individuals with alternative access to international finance. British sanctions have also targeted networks in Georgia accused of helping Moscow process payments and procure goods.
In this episode of Eastern Express, host Benjamin Lee and his guest, Paul Goble, Distinguished Senior Fellow at the Jamestown Foundation, examine how individual loopholes have developed into a coordinated support system for the Russian war economy.
Chapters:
00:00 Introduction: Russian sanctions evasion & is anything being done about it?
03:48 Introduction: How Russia built a sanctions-evasion supply chain
07:07 Interview: Limits of sanctions
13:34 Interview: Russia’s structural economic weakness
15:43 Interview: War duration, more sanctions & strategic restraint
20:07 Eastern News Flash
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