The conflict between Russia and Ukraine, has begun to
show signs of slowing down. Russia has reportedly pulled out some of its troops
from Ukraine. While the troops have been pulled from within Ukrainian borders,
the troops now occupy nearby borders. The number of Russian troops that
withdrew from within the Ukraine, may be unknown. The withdrawal of Russian
troops, should be considered as progress when compared to the cease fire, from
earlier this month. During the cease fire Russian troops, were seem crossing
the border into Ukraine with artillery. Russian troops had also fired upon
Ukraine soldiers during the period of cease fire. Speculation suggest separatist
controlled borders may be allowing Russian troops and supplies into Ukraine.
Russia much like Ukraine has been experiencing economic
repercussions, as a result of the conflict with the Ukraine. Western nations
have put numerous sanctions on Russia weakening the state’s economy. The United
States as mentioned last week’s blog post voted to give Ukraine aid and
increase the amount of sanctions on Russia. Japan has recently followed the
actions of its western allies. Japan’s sanctions include increased restrictions
of weapons exports to Japan. Prior to
Japan’s increased export restrictions the nation had frozen the back accounts
of individuals who are known to be aiding Russian separatist with in
Ukraine. In response to Japan’s actions
Russia has ordered five banks to stop securities sales to Japan. Japan had recently
invited President Putin to visit the nation in order to discuss issues that
would concern both nations such as energy partnership and territory disputes.
President Putin’s visit to Japan looks rather unlikely as of recently.
While
Russia may hold the upper hand in their conflict with Ukraine, the state is losing
ground within the international community. The Russian economy much like the Ukrainian
economy is suffering. A major difference between the two is the Ukrainian
economy is receiving aid from western states and the international community.
The numerous sanctions against the Russian economy are undoubtedly taking a
toll on the nation. Russia may be able to withstand the sanctions for now, but
over time the state will likely show visible symptoms of economic hardship. It
would be in Russia’s best long term acknowledge Ukraine as an independent nation,
as well as removing troops from within Ukraine’s borders. If Russia was to put
an end to the conflict, the sanctions levied against the nation will start
slowly be removed giving Russia the economic stimulus it needs.
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