THE ECONOMIC EFFECTS OF THE SANCTIONS IMPOSED ON THE RUSSIAN FEDERATION

The restrictive measures imposed on the Russian federation concern not only the State but also the entities and some people of power. These measures include the freezing of funds, illegal economic resources of a technical or material nature but also those that are oriented towards the production and use of chemical weapons and/or acts that help and encourage such activity. This research focuses mainly on the type of the aforementioned sanctions by the European Union. This work also seeks to analyze the legal effectiveness of these sanctions within the circle of the United Nations and World Trade Organization (WTO). Finally, the proposal of new types of sanctions, but also the setting of new rules against the Russian federation are the final objective of our work.