Sanctions Impact on the Greater Tuman Initiative

Marina Valentinovna Niyazova
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Marina Valentinovna Niyazova: ladivostok State University, Vladivostok, Russia

Russian Foreign Economic Journal, 2024, issue 4, 58-69

Abstract: Economic sanctions are a significant factor in the development of the economy in many studies, nevertheless missing its impact on mutual flows between partners of international economic organizations. The paper discusses trade development issues of the Greater Tuman Initiative, whose participants represent different parties to the conflict. Using theoretical methods and retrospective analysis of the 1996-2022 UNSCAD data, the author identifies the growing importance of the organization’s partnership for sustainable development in Northeast Asia. It strengthens under the influence of economic sanctions and gradually reorients trade flows along geopolitical lines.

Keywords: regional international economic organization (association); economic cooperation; mutual trade; goods and services; sanctions (search for similar items in EconPapers)
JEL-codes: F5 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_04_58-69

DOI: 10.24412/2072-8042-2024-4-58-69

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