Issue |
SHS Web Conf.
Volume 212, 2025
1st International Conference on Advanced Research in Sustainable Economic and Social Science (ICARSESS-24)
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|
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Article Number | 04063 | |
Number of page(s) | 9 | |
Section | Social Science for Sustainable Development | |
DOI | https://doi.org/10.1051/shsconf/202521204063 | |
Published online | 05 March 2025 |
Sanctions on Russia and Their Role in Shaping Kazakhstan’s Economic Landscape
Korkyt Ata Kyzylorda University, Kyzylorda, Kazakhstan
* Corresponding author: Kamar82@mail.ru
After Russia’s war against Ukraine, the U.S. and Western Europe imposed heavy sanctions on Russia, affecting multiple industries. Since most of Kazakhstan’s exports to Europe pass through Russia, the country faces indirect economic challenges. These sanctions create additional difficulties for Kazakh exporters.This study examines the status of key industries and export changes by analyzing Kazakhstan’s recent economy. A SWOT analysis using KazData covers major export products, including oil, natural gas, metals, wood, and agricultural raw materials.Findings reveal that sanctions on Russia have disrupted Kazakhstan’s exports, causing market instability and artificial commodity shortages. The analysis offers insights for economists and scholars studying the broader economic consequences of these sanctions.
Key words: Global Sanctions / Republic of Kazakhstan / Russian Federation / Import of Products / Economic Costs / Socio-Economic Dynamics / Eurasian Economic Union / Economic State Regulation
© The Authors, published by EDP Sciences, 2025
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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