Report “International Settlements under Sanctions”

March 2025

Organization of Cross-Border Transactions under Sanctions and The Impact of Area-Specific Restrictions on the Russian Economy

INTERNATIONAL TRANSACTIONS UNDER SANCTIONS

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The Centre for Analysis and Strategies in Europe (CASE) is an EU-based think tank focusing on economic and political developments in post-Soviet countries, as well as on the Russian diaspora in Europe and North America.

The Centre’s mission is to provide expert knowledge on the processes taking place in Russia and neighbouring countries, influencing public opinion and advising policymakers on related issues. The Centre was founded by in Nicosia, Cyprus in 2024 by Mr. Dmitrii G. Gudkov, a Russian liberal politician and activist who has served as the State Duma deputy between 2011 and 2016.

Responsibility for the opinions expressed in this report rests exclusively with its authors.

Report contents

Introduction

Section 1. Russia’s international transactions under the sanctions

Section 2. The impact of international transaction restrictions on the Russian economy

Authors of the report

Dmitry Nekrasov

Economist, public figure, and political activist, he earned an MBA from the Graduate School of Management at the Higher School of Economics and worked in the Civic Chamber, the Federal Tax Service, and the expert department of the Presidential Administration of the Russian Federation (under Dmitry Medvedev).

about author

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