Financial Times: Western countries disappointed by limited impact of sanctions on Russia

Western sanctions against Russia have not met their intended goals and have become a source of disappointment for Western countries.

Initially, the EU and the US anticipated a severe economic collapse in Russia as a result of these sanctions, Caliber.Az reports, citing The Financial Times.

However, they were surprised to observe that the Russian economy has remained resilient, with normal operations continuing in various sectors, including aviation and the military-industrial complex.

The Financial Times highlights a growing scepticism within Western countries about the effectiveness of the sanctions. There are internal disagreements, with some countries prioritizing political interests or expressing reluctance to fully support Ukraine, while others are concerned about the potential negative impact on their own businesses.

The report notes that some companies view the sanctions as an unjustifiable limitation on their ability to engage in commerce with Russia.

The newspaper suggests that the sanctions strategy has been largely ineffective, with an increasing number of countries acknowledging its failure.