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 01How long-range strikes on Russia could impact North Korean troop deployments 02How North Korean hackers and IT workers collude to cause chaos 03What pro-Trump think tanks reveal about his likely North Korea policy priorities 04Yoon bet on US to deter North Korea. Now he faces an alliance skeptic in Trump. 05All the question marks hanging over Trump’s approach to North Korea in term two 06Time almost up for North Korea’s plan to launch 3 military satellites in 2024 07Trump return rekindles prospects of North Korea talks, but Russia stands in way 08How China could benefit from North Korea’s troop deployment to Ukraine 09New North Korean ICBM delivers big political message, and likely bigger payloads 10How North Korea-Russia ties will challenge next US president, no matter who wins

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

01How long-range strikes on Russia could impact North Korean troop deployments
02How North Korean hackers and IT workers collude to cause chaos
03What pro-Trump think tanks reveal about his likely North Korea policy priorities
04Yoon bet on US to deter North Korea. Now he faces an alliance skeptic in Trump.
05All the question marks hanging over Trump’s approach to North Korea in term two
06Time almost up for North Korea’s plan to launch 3 military satellites in 2024
07Trump return rekindles prospects of North Korea talks, but Russia stands in way
08How China could benefit from North Korea’s troop deployment to Ukraine
09New North Korean ICBM delivers big political message, and likely bigger payloads
10How North Korea-Russia ties will challenge next US president, no matter who wins

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

LATEST ANALYSIS

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Peter Ward