Evaluation of possible effects of the 11th package of sactions against Russia on Azerbaijan

The war between Russia and Ukraine, which began on February 24, 2022, is still ongoing, and as it continues, the European Union is increasing its sanctions against Russia. 10 packages of sanctions against Russia have already been applied and the 11th package has already been prepared. Within the framework of the 10th package of sanctions, restrictions on the export of goods used for the production of weapons and ammunition and other military equipment were applied to 121 legal and physical persons, officials, military officials, 2 more media channels, 3 banks. The sanctions applied so far are showing their results, Europe has already reduced two-thirds of the volume of imports from Russia, which has seriously damaged Russia's income.

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