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 01New North Korean ICBM delivers big political message, and likely bigger payloads 02How North Korea-Russia ties will challenge next US president, no matter who wins 03What to make of the stunning collapse in value of North Korean won 04What to know about Kim Yong Bok, the man leading North Korean troops in Russia 05If Trump: How erratic leader’s reelection could scramble North Korea policy 06North Korea’s admission of drone incursion exposes glaring gaps in air defenses 07The war in Ukraine is transforming how Europe perceives North Korean threats 08What North Korea stands to gain by sending troops to fight in Ukraine 09Satellite imagery shows DPRK laid explosives at edge of MDL to destroy roads 10Deciphering the return of No Kwang Chol as North Korea’s minister of defense

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

01New North Korean ICBM delivers big political message, and likely bigger payloads
02How North Korea-Russia ties will challenge next US president, no matter who wins
03What to make of the stunning collapse in value of North Korean won
04What to know about Kim Yong Bok, the man leading North Korean troops in Russia
05If Trump: How erratic leader’s reelection could scramble North Korea policy
06North Korea’s admission of drone incursion exposes glaring gaps in air defenses
07The war in Ukraine is transforming how Europe perceives North Korean threats
08What North Korea stands to gain by sending troops to fight in Ukraine
09Satellite imagery shows DPRK laid explosives at edge of MDL to destroy roads
10Deciphering the return of No Kwang Chol as North Korea’s minister of defense

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

LATEST ANALYSIS

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Peter Ward