Russia faces North Korea-level sanctions, but can't escape them like Pyongyang



Analysis Russia faces North Korea-level sanctions, but can’t escape them like Pyongyang Russia’s economy is far larger and more connected to the rest of the world than the DPRK’s Peter Ward April 26, 2022 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Korean leader Kim Jong Un (left) meets his Russian counterpart Vladimir Putin for a summit in Russia's Far East city of Vladivostok, April 2019 North Korea has so far managed to avoid economic collapse as a result of sanctions. These sanctions have frozen North Korean overseas assets, locked the country out of the global financial system, and are even designed to prevent it from exporting its most marketable commodities. Why will Russia be more hurt (and more quickly) by similar kinds of sanctions? NK Pro analysis casts doubt on Russia’s ability to follow the North Korean path. Scale and size: North Korea was so much poorer and smaller than Russia before it was sanctioned. This makes sustaining the status quo circa Read More © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. LATEST ANALYSIS 01Bricks in the wall: How North Korean textbooks indoctrinate support for regime 02State media review: North Korea mourns one Kim leader, while glorifying another 03How North Korea could steal from China’s playbook to assert its maritime claims 04Why Russia’s designs on North Korean rare-earth metals probably won’t pan out 05At plenum, Kim Jong Un forces out elderly officials to make way for new blood 06North Korea using Chinese machines to make weapons at new factory, photos show 07Cyber giants unite: How the North Korea-Russia treaty amplifies cyber threats 08State media review: North Korean officials ditch Kim Jong Un badges after plenum

Analysis

Russia faces North Korea-level sanctions, but can’t escape them like Pyongyang

Russia’s economy is far larger and more connected to the rest of the world than the DPRK’s

Peter Ward April 26, 2022

Russia faces North Korea-level sanctions, but can’t escape them like Pyongyang

North Korean leader Kim Jong Un (left) meets his Russian counterpart Vladimir Putin for a summit in Russia's Far East city of Vladivostok, April 2019

North Korea has so far managed to avoid economic collapse as a result of sanctions. These sanctions have frozen North Korean overseas assets, locked the country out of the global financial system, and are even designed to prevent it from exporting its most marketable commodities. Why will Russia be more hurt (and more quickly) by similar kinds of sanctions? NK Pro analysis casts doubt on Russia’s ability to follow the North Korean path.

Scale and size: North Korea was so much poorer and smaller than Russia before it was sanctioned. This makes sustaining the status quo circa

01Bricks in the wall: How North Korean textbooks indoctrinate support for regime
02State media review: North Korea mourns one Kim leader, while glorifying another
03How North Korea could steal from China’s playbook to assert its maritime claims
04Why Russia’s designs on North Korean rare-earth metals probably won’t pan out
05At plenum, Kim Jong Un forces out elderly officials to make way for new blood
06North Korea using Chinese machines to make weapons at new factory, photos show
07Cyber giants unite: How the North Korea-Russia treaty amplifies cyber threats
08State media review: North Korean officials ditch Kim Jong Un badges after plenum

Russia faces North Korea-level sanctions, but can’t escape them like Pyongyang

LATEST ANALYSIS

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Peter Ward