Russian President Vladimir Putin has signed an executive order and extended the action of certain special economic measures against the rival’s countries until December 31, 2022. In March 2014, the EU and several other countries including Australia, Iceland, Canada, New Zealand, USA, Switzerland, and Japan imposed sanctions on the Russian Federation in connection with the situation in Ukraine. In response to western move, the Russian government imposed a ban on the import of a number of food products from the United States, the European Union, Norway, Australia and Canada. Later, the two parties have repeatedly extended mutual restrictions.
In fact, the tradition of imposition of sanctions on adversaries was introduced by the United States and excessive use of this tool to achieve foreign Policy objectives has motivated the European Union to follow America’s discourse during the recent decades. However, after continuous victimization of sanctions by the US and allies, the Russian Federation and its first door neighbor China responded to the former in the same coin and imposed their own sanctions against the United States and European Union during recent years. Both Russia and China have significant potential to dent the United States and its allies through corrosive economic measures, but all these measures are counterproductive both economically and politically. The continuous targeting of Russia by the US and EU has pushed the country toward China and presently both nations have forged a common ground between them. Russia and China have celebrated the 20th anniversary of their bilateral friendship treaty in July this year. There are assumptions that the two countries can forge an alliance against their common foe in the days to come. According to experts, currently there is a clear division in the European nations over the issue of sanctioning Russia because several EU leaders perceive that unprecedented sanctions are pushing Russia toward Communist China. French President Emmanuel Macron is a strong advocate of normalizing EU relations with Russia to single out China. However, EU foreign Policy is highly influenced by the United States therefore no such thing is less likely to happen in near future.