NEWSWATCH: “Russia’s Trade With the West Surges Even as Sanctions Mount; Last year’s increase, three years after penalties tied to annexation of Crimea, shows limits of curbs in longer term” – Wall Street Journal/Andrea Thomas, James Marson, Stefan Lange

File Photo of G7 Leaders and other Officials Around Round Table at the Hague, with Flags

” …. The U.S. and Europe’s largest nations, including France and Germany, saw exports to and imports from Russia skyrocket in 2017 after three years of decline. … at their highest levels since 2014, the year Russia invaded Ukraine and annexed Crimea …. The turnaround could be short-lived. … [After] Washington … unveiled fresh sanctions … in the latest U.S. retaliation against Moscow’s election meddling, markets tanked in Russia … several Western companies with operations there began reconsidering …. [T]hree types of Western sanctions: … [1] restrict[ing] access to Western financial markets and services for Russian state-owned companies in … banking, defense and energy …. [2] ban[ning] exports to Russia of special high-technology oil-exploration and -production goods. … [3] forbid[ding] … exports of special military and dual-use goods to Russia. …

Click here for: “Russia’s Trade With the West Surges Even as Sanctions Mount; Last year’s increase, three years after penalties tied to annexation of Crimea, shows limits of curbs in longer term” – Wall Street Journal/Andrea Thomas, James Marson, Stefan Lange

[featured image is file photo from another occasion]