selected from the rest of the world, one of its few remaining allies is the authoritarian leadership of bella roost, however, it small and neighbor is paying a price for its role. and putins wor bloody amir putin has been tightening his. hold over bella ruth and it's autocratic leader, alexander lucas shanker. and with the 2 countries targeted by sanctions over the ukraine. more russian dominance is only set to grow, was last fall, put in and look at agreed on a $28.00 point economic cooperation plan. it includes a common monetary policy and energy market. but in this partnership, russia is firmly in the driver's seat for around 45 percent of all goods exported by bella roofs in 2020 went to russia. it's a similar story for imports have came from russia, primarily raw materials dollars is dependent on russian oil and gas. and the 2 nations hoped to establish a common energy market by 2023. bella rows is already

a member of moscow's eurasian economic union. that's a trading block aimed at increasing russian influence over former soviet countries . now let's speak to level evolve. sky here is a senior research fellow at the economic think tank barrack, he's from valerie barbara because actually recently had to move from ukraine to but to me in georgia because of the war and he joins us from there. thanks a lot for being with us on day to be your business. can you just explain to us the ultimate aim for better ruth, to be absorbed into russia? oh, well the thing is that after lucas lost collections in the father duane team, he has told me that each one of them was basically a trade in or see him on beller rules for ration support. the reason is that the only on the last things are national friend of use president for

i show him and therefore it looks like that does not have any other options. so does this have a close the union between russia, belarus, it's not something this welcomed by bella russians. i don't think so much. most russians like actually wants to leave a separate country, although at least before the war, general attitudes toward the russian where rather positive. but the russians are always wanted to leave a separate country. that is also being targeted with sanctions for its part in the invasion of ukraine and what sort of impact all those sanctions having

well, even 5 is very, very negative. the only thing that we don't know you will be bad or we will be horrible. and the thing is that you the small and open the me a so we do balance on birth and experts, a lot of you know, there is pretty much no countries in the world. we live in water except probably north korea solid e. and most of our production we use in boats which is we handle a new band on pass birds even worse. our. busy one was one of our most important trade partners easy. you agree? and now back on ukraine may also from the bel

rules, we will probably a lot the lion experts for years and is batteries therefore, in a really an impossible position? because not only does it still need to trade with the rest of europe and would like to with ukraine, but also lucas shank wants to stay close to florida. may have putin, i mean what, what are the option that is better is just have to suffer the sanction unfortunately, am i in sole family is that, of course very easy that nuclear forbearers still gets re law sanctions barrows just has to be in utero or stall garage from users territory to us back your brain to breathe with them. switch them, go to kia by. looks like they're going to look, i can spell that by the rules. we'll actually be

neutral. trying to confirm this by ration neutrality, it's on the fire. do you propose this rose to be a place where the stocks can happen? even more baseball actually started on the russian soil, but nevertheless, nobody really believes that is a neutral country is clearly documented back go from soil and basically you lose the power over the territory. of course, he will be brave and you can stop any moment. but then probably him, he will lose power in 5 because he is on larry here. i

can remind you that popular votes him and pretty much everything that happened in mile because of his struggle football or yes and like, i think his power is dependent on peyton to some extent were level of off sky from barrack. thank you so much for joining us on data we business. irish and ali galks have long enjoyed the european high life with the yachts. jetson multi 1000000 euro mansions, dotted around the continents beauty spots, however. and now the target of strict sanctions drawn the e u and other european nations as well as the u. s. aimed at hurting rushes, richest and most powerful. the lady m. a luxury yacht worth around 65000000 euros. the vessel was seized over the weekend on the italian mediterranean coast. the owner alex a mar dash off was one of the richest men in russia and a major shareholder in the german tourism company to we. yachts airplanes,

company shares and luxury real estate, a broader considered assets and therefore fall under the sanctions against the country on the co does or this mega yacht owned by russian billionaire and potent supporter. igor 2nd was prevented from sailing at the last minute. it's valued at around a $120000000.00 euros. it's at 2. secretes up of to you. it was dark, it seemed it was about to leave. it was a matter of hours and we really did a check on the people and we managed to stop the ship and keep it dark to view. it belongs to a highly placed personality in russia. and it's a part of the people. the economic sanctions are inflicted upon or full. okay. listen so you couldn't mika. so some confusion. the sanctions are hitting the richest russians, such as potent confidant and entrepreneur ali share osmond off his luxury yacht. one of the largest in the world is worth around 600000000 euros. it's doctrine as

shipyard in hamburg harbor and could soon be confiscated, re mckelly gilbert, are you sure? the u. s. has also impose sanctions on osman, off and 7 other prudent, friendly oligarchy. one of these include nichol, i took out of the head of energy giant trans napped as well as billionaire are cody rothenberg and his brother. there are also visa restrictions on 19 other russian billionaires the f b. i is specifically looking for him. he have jenny prego, jin. he is known as putin's cook, running a catering company that serves meals to the kremlin. he is also said to be one of the founders of the wagner group, a paramilitary unit that recently sent $400.00 soldiers in an attempt to assassinate ukrainian president flawed, mere zalinski. so alexander, a lot of pressure. well, we can now speak to anna grossman. she lectures in governance and entrepreneurship

at le, for university in the u. k. as great have you on the program. can you just explain to us the rationale behind targeting, specifically oligarchs? well, in the russian economies, organized in the network of interconnected orders and the government. so it's extremely concentrated economy as well, meaning that a very few individuals control large chart chunks of the economy. so even targeting $300.00 individuals is a very detrimental to the whole economy. and the way the russian economic network works is that these large companies are co owned with the government. so that, that means that there is a kind of her ripper cushion effect on the whole network of this. and, you know, big cluster firms that are somehow connected to the government so that rise, that the impact will be very important. and so to these, all the guys have

a lot of sway over vladimir putin. himself, can they, can they change his behavior if they are here to kill any? ha i believe that, oh, not necessarily. i do not have this information. i think that targeting large companies does have very detrimental effect on the russian economy. so in terms of sanctions they, they have been extremely tar compare into the previous sanctions in 2014. and in particular, we also targeting banking assets abroad, which prevents these large companies, often multinationals that are, that are owned by these wealthy individuals to be financed and refinance. so the ripper cushion of these sanctions on individuals these days are much larger, much more detrimental. you know, what sort of impact is it? is it having on the oligarchy? so we've been talking about, you know,

cruise ships being taken off them and bank accounts being frozen, but at the, on the, on their day to day lives is it is there's not a big impact. oh, well i, i cannot comment on their day to day lives, but i think that in terms of their kind of business opportunities of the refinancing of their companies, the repercussion will be big because they ultimately have financial goals. and at heart, you know, they're running those big companies and they need to be profitable. they need to be financed. so the fact that they do not have any more access to financial markets and essentially prevents them from, from being fully operational so that, you know, we'll have a very big repercussion on the russian economy in the, on the employees and on all the other stakeholders around these companies right now is them a figurehead for these gigantic companies that makes them an important target?

anna grossman from le, for university. thank you very much. thank you. muscle from us on the dw business program until next time you had, i was our website database dot com slash business check is out on the daily news youtube channel with with ah,

with russia has undermined arrangements during for the worse talk to more with abandon importing oil from russia with

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ah, this is did, every new is leih from berlin, desperate for safe passage, ukrainians, head for the borders after russia agrees to set up humanitarian corridors. russia promised us to stop shelling and 5 cities to let civilians flee, but were ports of renewed fighting, threatened to derail the evacuation. plus women in the war, so many have flipped their homes and left loved ones behind. but they're doing all they can to support soldiers on the.