Western sanctions against Russia could begin to ease within roughly a year, according to 360.ru, which cited market analyst Andrey Barkhota. The report notes that several countries have halted the processing of UnionPay cards issued by Gazprombank, a sign that financial channels linked to Moscow are experiencing pressure from the policy shifts. The commentary helps readers gauge that the policy environment, though uncertain, may shift sooner than many expect.
The economist sees a timeline measured in months rather than years, suggesting a horizon of about nine to eighteen months. He explains that any removal of penalties would coincide with a cooling of hostilities and the signing of a peace agreement that all sides have discussed. His view emphasizes that sanctions relief would come after a period of reduced conflict and productive diplomacy, aligning diplomatic progress with practical economic steps.
According to Barkhota, the new U.S. administration is likely to balance several priorities, including safeguarding American interests while acknowledging Russia’s position. He notes that the initial work would focus on easing sanctions and improving daily life for Russians as part of a broader strategy to stabilize the region. The assessment underscores how policy shifts in Washington can influence financial flows and the ease with which Gazprombank interacts with international partners, a factor markets watch closely.
On November 21, the United States expanded its sanctions list to include Gazprombank among the named entities. At the same time, U.S. citizens were permitted to conduct financial transactions related to the official activities of Russia’s diplomatic and consular missions abroad if those transactions involve Gazprombank or its affiliates with a majority ownership of over 50 percent. The move highlights how penalties intersect with diplomatic channels and can be adjusted in response to evolving policy priorities.
Earlier, the European Union stated that it was engaging with the United States regarding sanctions on Russia. The EU’s stance reflects ongoing dialogue with Washington as both sides navigate the balance between pressure and engagement in Moscow policy. These developments show how sanctions dynamics unfold across transatlantic channels and how markets monitor any shifts that could influence financial flows, energy pricing, and regional stability.