The 12th sanctions package against Russia; Evaluation of the possible impacts of the economy of Azerbaijan

This article analyzes the 12th package of sanctions adopted by the European Union against Russia and its possible impacts on Russian-Azerbaijani economic relations. The importance of the research is that Russia is one of Azerbaijan's main partners in trade relations, and in terms of exports of non-oil sector products, Russia is Azerbaijan's main partner. So far, 11 sanctions packages have been applied against Russia, and the 12th package has already been adopted. As in the 11th package, the list of entities operating in the 3rd country and indirectly contributing to Russia's evasion of sanctions is further expanded and the trade of a number of products is further restricted.

Download file

Department Contact Info

Center for Economic and Social Development

Caspian Plaza, 3rd Block, 14th floor. J.Jabbarli str. 44, Baku, AZ1065, Azerbaijan

(99412) 5943665

Mon – Fri 9:00A.M. – 6:00P.M.

Social Info


Click here to learn more about CESD's Rural project.