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To understand these, let's see the sanctions and how they play :-

Sanction 1 :-

Embargo on Technology Imports from the West

The Problem was this Embargo was passed on 28/2/22 but was effective only from 1/6/22 and later postponed to 1/7/22

So Russia exported massively these imports from 1/3/22 to 30/6/22

Enough for 2 years almost through Turkey and Central Asian Nations like Kazakhstan and Kyrgyzstan

That gave them until 30/6/2024 to find substitutes

They seem to have found substitutes for most of these Imports from China & their own Domestic production

This extension was to give UK and others a chance to fill their coffers with Russian Oil and Gas and have good reserves

Sanction 2

Withdrawal of Western Businesses from Russia causing Capital Flight

The Plan was to cause $ 80 Billion of Capital Flight and force a temporary panic

Putin was ready though and immediately got every single business taken over by Russian Entities and took over the equivalent of 560 Billion Rubles ($ 68 Billion) of wealth from these companies

The Swift reaction of Putin prevented these companies from being able to get away with their assets

The Readiness of Russian entities and Chinese entities to take over these assets was another major blow

Sanctions 3

Removal of Russian Banks from Swift

The Problem was that of the 158 Banks connected to Swiss, almost 19 Banks still are connected to SWIFT even today

So these 19 Banks can get all the money it wants and transfer them to the remaining 139 Banks

It's like keeping SBI connected to Swift but removing Bank of India and Dhanalaxmi Bank

The use of CIPS and alternate systems further ensured Russian Stability of Inflows especially in RMB

These 19 Banks are mandatory because the West wants Russian Fertilizers and Gas and Oil even today, through third parties

Sanctions 4:-

Mastercard and Visa were removed from the Russian Settlement Systems overseas

Again the Local systems of settlement continued because had MasterCard or Visa threatened to cut off their local settlement network, every nation would be kicking them out permanently

This allowed enough time to set up Mir Pay plus get Wechat and other payment gateways including Union Pay from China

Mir quickly established a presence in 39 countries very fast indicating that Putin was prepared for this

Sanctions 5:-

Russia's Asset Freeze

Problem was Russia had Oil and Gas and it's own Food

It thus had customers willing to trade in Rubles like China and India and Middle East and Central Asia and Turkey

Thus Russias asset freeze meant zilch

Sanctions 6

Embargo on Russian Oil and Gas

Russia sold to India and India resold to Europe at 30% profit

Europe needed Russian Energy and had no alternate and was helpless

Putin forced them to pay in Rubles so that meant they couldn't control the money needed


So the Sanctions were weak to begin with and imposed by people who didn't know their heads from the a**es

They were slowly imposed and more of playing to the gallery than any realistic sanctions

Russia was also very well prepared this time unlike in 2014

Putin and Elvira did superbly while Biden and his team of clowns were no match

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