Russia and the West have found themselves enmeshed in an expansive economic war as a result of Russian President Vladimir Putin’s decision to launch the full-scale invasion of Ukraine on February 24, 2022.
This book examines the impact of this economic war on one often overlooked but deeply affected country, the Republic of Korea (or South Korea). It provides an overview of South Korea’s sanctions on Russia, reviews the status quo of South Korean companies operating in Russia and how they are managing the tricky market situation, and considers the economic impact of sanctions and the Ukraine War on South Korea. The book also discusses current bilateral political relations and the deteriorating political tension between South Korea and Russia, and reflect
