The Importance of Brexit for Russia
The Importance of Brexit for Russia

Author(s): Agnieszka Legucka
Subject(s): Governance, International relations/trade, EU-Accession / EU-DEvelopment, Geopolitics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: United Kingdom; Russian Federation; Brexit; benefits of Brexit for Russia; EU policy; negative effects of Brexit for Russia; Russian businesses in UK;
Summary/Abstract: The Russian Federation perceives Brexit as beneficial for political and economic purposes. Moscow believes that the United Kingdom’s departure from the European Union will deepen the crisis of European integration and weaken the hard-line supporters of an EU policy of tightening sanctions against Russia. Russia also expects that Brexit will limit the outflow of Russian capital abroad, and will persuade Russian oligarchs to return home. However, Brexit could also have negative effects on Russian businesses operating in the UK.

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