Russia and the effectiveness of economic sanctions between big players

Barbara Oegg, Kimberly A. Elliott 08 October 2008

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In early August 2008, hostilities broke out between Georgia and Russia over the breakaway region of South Ossetia. Russian troops quickly defeated Georgian forces in South Ossetia and marched far into Georgian territory, drawing widespread criticism from the international community. Russia eventually agreed to a French-brokered cease fire agreement and withdrawal of its forces from Georgian territory to pre-conflict positions by mid-October (troops will remain in South Ossetia and Abkhazia).

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Topics:  Politics and economics

Tags:  Russia, Georgia, economic sanctions