All told, Australian sanctions will have almost zero consequences for Russia
- Written by Naoise McDonagh, Lecturer in Political Economy, Institute for International Trade, University of Adelaide
The economic sanctions Australia has imposed in the wake of Russia’s invasion of the Ukraine are an extension of those applied in 2014 after Russia annexed the Crimea.
As with the US, UK and European Union sanction regimes, Australia’s operate across three areas:
technological, involving bans on exports of goods for use in oil and gas...