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In The Media
Carnegie Russia Eurasia Center

Coping with Technology Sanctions in The Russian Financial Sector

The Russian financial sector has taken a double hit from sanctions – both in infrastructure and in technology. The financial sector was able to withstand the first shock. However, the most recent restrictions on access to advanced technologies, especially from the US and the EU, will lead to import substitution based on technologies of yesterday.

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By Alexandra Prokopenko
Published on May 30, 2023
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Program

Russia and Eurasia

The Russia and Eurasia Program continues Carnegie’s long tradition of independent research on major political, societal, and security trends in and U.S. policy toward a region that has been upended by Russia’s war against Ukraine.  Leaders regularly turn to our work for clear-eyed, relevant analyses on the region to inform their policy decisions.

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German Council on Foreign Relations

About the Author

Alexandra Prokopenko

Senior Fellow, Carnegie Russia Eurasia Center

Alexandra Prokopenko is a senior fellow at the Carnegie Russia Eurasia Center.

    Recent Work

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  • Paper
    Loyal but Powerless: The Downgrading of Russia’s Elite

      Alexandra Prokopenko

Alexandra Prokopenko
Senior Fellow, Carnegie Russia Eurasia Center
Alexandra Prokopenko
Russia

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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