THE IMPACT OF SANCTIONS ON THE TRANSPORT AND LOGISTICS INDUSTRY IN RUSSIA
Timofey A. Cheban1, Olga B. Digilina2
1Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of Russia, Moscow, Russian Federation
2Peoples' Friendship University of Russia, Moscow, Russian Federation
Keywords: sanctions, transport and logistics market, logistics routes, international transport corridors, foreign economic relations, port infrastructure
Abstract
The transport and logistics industry plays a key role in the national economy of Russia, ensuring the movement of raw materials, supplies and goods. For this reason, the state of this sector, especially in the context of sanctions pressure, directly affects Russia’s economic growth and well-being. The author draws attention to the fact that, since traditional trade flows with Western countries have significantly decreased, domestic logistics has faced serious restrictions. Accordingly, the relevance of the topic is related to the need to find new routes and markets for Russian exporters. Various general scientific and special methods were used to conduct research, such as induction, deduction, analysis, synthesis, classification, comparative analysis, descriptive analysis, comparative analysis, logical analysis, structural and functional analysis. In the course of his work, the author of the article relied on reliable open sources, such as the official websites of the Federal Customs Service (FCS) of Russia and the Federal State Statistics Service (Rosstat), as well as works by domestic authors devoted to similar issues. As a result of the analysis, it was revealed that the tightening of sanctions in 2022 affected the Russian economy in two ways. On the one hand, the pressure on sanctions has caused devastating consequences, such as increased transportation costs and disruption of logistics and production chains. On the other hand, the changes have forced Russian logisticians to actively look for new opportunities.
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