English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsOpinionWhy Western sanctions on Russia proved ineffective

    Why Western sanctions on Russia proved ineffective

    Sanctions typically result in trade diversion to third parties, who are not directly involved in the conflict. This occurs as both the sanctioned and sanctioning countries actively seek alternative markets amidst disrupted trade channels

    Devasmita Jena
    February 19, 2024 / 10:22 IST
    Western sanctions failed to dent Russia’s economy.
    • PRO Panorama

      Moneycontrol Pro Panorama | Is the AI bubble waiting to burst?

      Oct 9, 2025 / 02:51 PM IST

      In Moneycontrol Pro Panorama October 9 edition: A look at what could be the deciding factor for Bihar, FMCG sales slack after GST ...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts