title: The European Union trade sanctions against Russia: Contemporary practice
metadata.name: dc.contributor.author
metadata.value: Timofeev, Ivan N.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-08-20T19:37:16Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-08-20T19:37:16Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2024-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Timofeev, I. N. (2024) ‘The European Union trade sanctions against Russia: Contemporary practice’, St. Petersburg University Journal of Economic Studies, 40 (2), pp. 233–247. https://doi.org/10.21638/spbu05.2024.205 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2024.205
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/47281
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Targeted financial sanctions have been playing a major role in the toolbox of European Union
  (EU) policy of sanctions since early 2000s. They have been targeting particular natural
  persons and entities, rather than states in general. Things have been changing dramatically
  since the outbreak of Russian military operation against Ukraine in February 2022. EU has
  already implemented massive bans on exports and imports of wide range of goods and services
  to and from Russia. Meanwhile, academic literature on sanctions still has a major gap in
  understanding of trade sanctions. The goal of the article is to fill this gap, taking into account
  contemporary trends of the EU trade sanctions against Russia. The major point implies that
  the EU policy of trade sanctions vis a vis Russia suffers from the imbalance between the quantity
  of sanctions and the quality of ways and means to enforce them. Unlike the United States,
  which enjoys well-developed instruments and practice of the use of secondary sanctions and
  enforcement, the EU has to implement sanctions and to develop enforcement in a simultaneous
  way. Brussels has already introduced mechanisms of de-facto secondary sanctions and
  is promoting the unification of enforcement legislation among the member-states. Current
  enforcement activity of member-states on the basis of domestic legislation compensates such
  an imbalance. The study of these trends purports the analysis of the EU normative documents
  as well as the ones, which reflect political and legal practice of their implementation.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 40; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: European Union
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russia
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: trade sanctions
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: secondary sanctions
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: enforcement
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The European Union trade sanctions against Russia: Contemporary practice
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 05.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/47281/1/05.pdf
resources.format: Adobe PDF
resources.size: 671,65 kB