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The Results Of The Embargo Imposed By The Russian Federation To The Member States Of The European Union. The Case Of Lithuania

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  • Virginia Câmpeanu

Abstract

In the trade relations with the Russian Federation, Lithuania - a member state of the European Union - complies with the economic sanctions decided by the European Union on the Russian Federation after the crisis of Ukraine and the annexation of Crimea (July 2014). At the same time, Lithuania is affected by Russia's retaliatory measures imposed to the EU by the ban on imports of agricultural and food products from the EU Member States (from August 2014 until now).Our article presents the results of the analysis of trade exchanges between Lithuania and the Russian Federation in the pre and post-sanctions period (2013-2017) and a the impact on Lithuanian economy.

Suggested Citation

  • Virginia Câmpeanu, 2018. "The Results Of The Embargo Imposed By The Russian Federation To The Member States Of The European Union. The Case Of Lithuania," Euroinfo, Institute for World Economy, Romanian Academy, vol. 2(10), pages 3-12, October.
    • Handle: RePEc:iem:eurinf:v:2:y:2018:i:10:p:3-12
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    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/666/746
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    More about this item

    Keywords

    Lithuania; Russian Federation; European Union; foreign trade; international trade of agricultural commodities; economic sanctions;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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