The Crimean Conflict as a Barrier for International Trade
Ivan V. Kasynyuk, Dmitry M. Kоval
Having annexed the Crimean Peninsula, Russia nationalized numerous facilities, recognized as the state property of Ukraine, which among others, also included seaports located on its territory — Yevpatoria, Kerch, Sevastopol, Feodosia and Yalta.
However, the reaction of international community and, in particular, non-recognition of annexation of the Crimean Peninsula by the Russian Federation, clearly manifested that in the modern world it is not feasible to physically capture territory and property of other country without bearing the relevant consequences for such aggressive actions...
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