Anonymous ID: b18be6 Nov. 9, 2024, 11:13 p.m. No.21955185   🗄️.is đź”—kun

To Enforce Sanctions on Russian Energy, U.S. Needs the Global South

Published Nov 6, 2024 1:51 PM by The Strategist

 

As Western policymakers seek to implement financial and trade sanctions on Russia, one thing is clear: engaging with the Global South is essential.

 

Without fostering dialogue and building trust through consistent engagement, sanctions become less effective. As things stand, many Global South countries are just not complying.

 

The reasons for non-compliance are complex. They include longstanding historic relationships, maintaining strategic autonomy, domestic challenges from the Covid-19 pandemic and climate change, and economic disruption from the Russia-Ukraine war. These priorities can outweigh concerns about secondary sanctions applied on non-compliers. Yet, they remain poorly understood by Western policymakers, and consequently unaddressed.

 

As a result, growing ties between Russia and the Global South and their effect on Western sanctions remain overlooked.

 

Russia has recognised this divergence between the West and the Global South and is attempting to exploit it. It is expanding economic and diplomatic relations with the Global South and working to mitigate effects of Western sanctions. Russia has adopted this strategy before, following the annexation in Crimea.

 

In Africa, for example, it is exploiting rising economic opportunities and anti-Western sentiment to expand its influence, in part with arms exports. In 2019 to 2023, Russia was the largest arms exporter to sub-Saharan Africa. Its partnerships in the region also extend to energy exports, help with regime security in return for natural resources, and cooperation in information security and fighting terrorism.

 

Russia encourages Global South countries to use currencies other than the US dollar in oil transactions, so they can to some extent insulate themselves from secondary sanctions. Recent examples include the use of the UAE dirham and the Russian rouble for sales of Russian oil to India and China, respectively. Furthermore, discussions in the 16th BRICS summit in Kazan, Russia, also reignited debates on alternatives to dollar-dominated oil payments. Among them was creating cross-border payment systems to promote local-currency financial transactions between BRICS.

 

Moreover, Russia is deepening ties with other sanctioned states, such as North Korea and Iran. Imposition of sweeping restrictions on Russia has led it to seek alternatives for supporting its military-industry complex. It has acquired military equipment from North Korea and one-way attack drones from Iran, and supplied oil to North Korea in direct violation of UN Security Council resolutions.

 

Russia’s growing relationship with North Korea is a particular worry for the world, but not a prominent one for the Global South. Yet some Global South countries risk hosting activities from financial transactions or even supplying dual-use materials that Russia could trade with North Korea.

 

This is where Western policymakers can intervene. Developing countries would not want to violate UN Security Council sanctions and facilitate the development of weapons of mass destruction. The West can help with capacity-building programmes to strengthen public and private capacity in adhering to international obligations and disrupting evasion.

 

The West still has strong diplomatic ties with the Global South, providing an opportunity to initiate dialogue and establish a shared understanding of issues. Multilateral platforms such as the G20 serve as forums for promoting collaboration, where the Global South actively participates.

 

The West should also consider Russia’s limitations in boosting its relations with the Global South. Its ability to maintain long-term support in Africa is debatable. Low attendance at the Russia-Africa summit held in St Petersburg in 2023 suggests its influence has no deep roots. The West cannot take this for granted, however. It must work to displace Russian influence, and in doing so needs to understand and respond to African countries’ priorities.

 

Finally, the West must focus on bolstering the confidence of Russia’s trading partners to resist de-dollarisation. This could include providing assessment reports and briefing policymakers and business stakeholders of the Global South on the political compromises and economic risks associated with decoupling from the US dollar.

 

https://maritime-executive.com/editorials/to-enforce-sanctions-on-russian-energy-u-s-needs-the-global-south

Anonymous ID: b18be6 Nov. 10, 2024, 1:47 a.m. No.21955710   🗄️.is đź”—kun

notes ~550

 

#26886 >>21954757

>>21954786 PF: Chinese space junk

>>21954849 AI plot twist

>>21954855 PF: Watching for Wray's plane to pop back up on ADS-Bx

>>21954889, >>21955039, >>21954974, >>21954967 Huge update: Arizona Lake vs Gallego irregularities

>>21954934 Vice President JD Vance as Senate Majority Leader?

>>21955054 Nick Bosa fined $11,000 for wearing MAGA hat in postgame interview

>>21955059 Gov. DeSantis calls for investigation after FEMA relief workers directed to avoid homes of Trump supporters

>>21955069 Bakari Sellers on CNN says he wants Joe Biden to nominate Kamala Harris to SCOTUS

>>21954776, >>21954779, >>21954928, >>21955034, >>21955072 Memes

Note Taker up

>>21955107 James O'Keefe: Former Sen. Sinema Aide Claims Ruben Gallego “Hates” Kari Lake, “Wants Her to Die;”

>>21955255 President Donald J. Trump Announces the 60th Presidential Inaugural Committee

>>21955277 End the Fed, Ron Paul: From "Our Enemy, Inflation" as presented at the Mises Circle in Houston, TX on January 24th, 2009

>>21955348 Thousands Gather to Celebrate 35 Years Since Fall of Berlin Wall

Anonymous ID: b18be6 Nov. 10, 2024, 3:43 a.m. No.21955844   🗄️.is đź”—kun   >>5869

>>21955840

> Researchers say an AI-powered transcription tool used in hospitals invents things-

>

> - no one ever said

 

Transcription from spoken word?

Hmmm, sounds like that old memo recorder from the 80s used to have extra voices on it, ghost hunters love the things

Anonymous ID: b18be6 Nov. 10, 2024, 3:55 a.m. No.21955866   🗄️.is đź”—kun   >>5875

>>21955856

>What did they smuggle out of Germany?

Treasure and art works

>Who supplied Uranium for Nagasaki?

Utah

>Why did Japan not surrender until AFTER the second bomb?

Because Hirohito straight up told Tojo enough

>Did Japan intel know US only had enough Enriched Uranium for 1 bomb?

No

>Which Navy lawyer (who became President) placed and tracked ALL the PaperClips?

Who cares?

Anonymous ID: b18be6 Nov. 10, 2024, 4:06 a.m. No.21955889   🗄️.is đź”—kun   >>5907

Final

 

Notables are NOT Endorsements

 

#26886 >>21954757

>>21954786 PF: Chinese space junk

>>21954849 AI plot twist

>>21954855 PF: Watching for Wray's plane to pop back up on ADS-Bx

>>21954889, >>21955039, >>21954974, >>21954967 Huge update: Arizona Lake vs Gallego irregularities

>>21954934 Vice President JD Vance as Senate Majority Leader?

>>21955054 Nick Bosa fined $11,000 for wearing MAGA hat in postgame interview

>>21955059 Gov. DeSantis calls for investigation after FEMA relief workers directed to avoid homes of Trump supporters

>>21955069 Bakari Sellers on CNN says he wants Joe Biden to nominate Kamala Harris to SCOTUS

>>21954776, >>21954779, >>21954928, >>21955034, >>21955072 Memes

Note Taker up

>>21955107 James O'Keefe: Former Sen. Sinema Aide Claims Ruben Gallego “Hates” Kari Lake, “Wants Her to Die;”

>>21955255 President Donald J. Trump Announces the 60th Presidential Inaugural Committee

>>21955277 End the Fed, Ron Paul: From "Our Enemy, Inflation" as presented at the Mises Circle in Houston, TX on January 24th, 2009

>>21955348 Thousands Gather to Celebrate 35 Years Since Fall of Berlin Wall

>>21955829 Karli Bonne: The massive payouts to celebrities from the Harris campaign show what a sham all of the left’s “Hitler” rhetoric is. Oprah says she’s fighting against a Nazi takeover but won’t waive her 7-figure fee to show up?

>>21955846 Judge tosses publishers' copyright suit against OpenAI

 

Note Taker going to bake

Hold goodies for next bread please

Might be a lag