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Japan, the United States, Germany, the United Kingdom and the EU announced sanctions against Russia.The content is limited, not enough to corner Russia.

2022-02-23  Category:Ukraine

Japan, the United States, Germany, the United Kingdom and the EU announced sanctions against Russia.The content is limited, not enough to corner Russia.

Photo by Olaf Kosinsky (licensed under CC BY 3.0)

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Prime Minister Kishida announced economic sanctions against Russia on the 23rd.

Sanctions include (1) suspension of visa issuance and freezing of property for two "Republic" , (2) prohibition of import and export of two "Republics", and (3) prohibition of the issuance and distribution of new sovereign bonds in Japan.

Before that Japan's Foreign Minister Hayashi announced Japan will do sanctions in line with the G7, but the sanctions are not very strong.

Announcement by Europe and the United States.

German Chancellor Helmut Scholtz said on Wednesday he would suspend the approval process for a new gas pipeline (Nordstream 2) in Germany and Russia.Nordstream 2 is a pipeline that imports natural gas from Russia in the future without going through Ukraine, but will be suspended.However, it is doubtful how effective the sanctions will be because the current pipeline is exported to European countries via Ukraine.

The sanctions announced by the U.S. government are very limited.Pro-Russian-controlled areas are prohibited from doing economic transactions with the U.S. It was not sanctions against Russia.

British Prime Minister Boris Johnson has imposed sanctions on five banks and three Russian billionaires, saying they will be banned from traveling to Britain.

The EU said it agreed to target 27 individuals and organizations that "play a role in weakening or threatening Ukraine's territorial integrity, sovereignty and independence."

In any case, it is not a comprehensive plan to corner Russia's economy, but a partial, limited, and future solution.

Russia was subject to economic sanctions over the Crimean Peninsula last time, and based on its experience and current economic relations between the U.S. and Europe, it predicted the size of the sanctions and decided to send troops to Donetsk and Lugansk.Territorial disputes will benefit the region permanently after its conquest.Crimea ,Donetsk and Lugansk have 3,796,000 people, and after all Russia will occupy their economy.



POINT

Economic sanctions against territorial aggression cannot be used as a countermeasure from the beginning.Unless Russia returns it, losses from economic sanctions will be recovered from the region.



首相が対ロシア制裁発表、二つの「共和国」輸出入を禁止・関係者ビザ停止も