Impact of Sanctions Against Russia on Azerbaijan and its Consequences

Published in 2022. In this article, Gubad Ibadoghlu discusses the impact of sanctions and embargoes imposed on Russia by the G7 countries and their allies on the region, and especially on Azerbaijan.

Speaking about the impact of the recent sanctions on the Russian economy, opponents say that the sanctions will not have a serious impact on the Russian economy, citing the fact that the Putin government has taken everything into account. In this article, we try to prove what the Putin government has not taken into account and why the sanctions will have a serious impact on the Russian economy.