The Scotsman
Well-Known Member
I'm not sure if that's what Putin wants, also not sure its feasible, for one thing economic sanctions would effectively render the CIS economy to a standstill. It takes money to build up, arm, maintain and use a military machine and without money they haven't got a snowballs chance in hell. Banks incur a cost of doing business with CIS companies as it is; the KYC and on-boarding process is time consuming and costly. If sanctions are extended to include, for example, any SWIFT/Electronic transfers to/from a UBO in the CIS then it is effectively isolated from the rest of the world's banking system. They're reduced carrying bags of cash.
..agreed....
....hasn't in the past.....had loads of them....didn't last....
