Valdai Club

Maria Al Makahleh (Dubovikova)

Riccardo Alcaro

Ebtesam Al-Ketbi

Tamara Andreeva

Khalid Alshimmari

Hüseyin Alptekin

Godwin Gonde Amani

Andrei Areshev

Hu Angang

Ekaterina Arapova

Russian Federation

Director, Center for Sanction Policy Expertise
Institute for International Studies,
Deputy Dean, Department of International Relations, MGIMO University
PhD in Economics

Materials

SCOTUS vs. Trump’s ‘Tariff Diplomacy’

Ekaterina Arapova discusses President Trump’s clash with the US Supreme Court over the nature of emergency economic powers— exploring the legal ins and outs of tariff enforcement, assessing the consequences for both partners and adversaries, and pondering the issue of revenues already collected from the tariffs now deemed illegal.

Confiscation of Russian Assets: Politics Versus Economics

As practice shows, the implementation of legislatively formalised decisions on the confiscation of sovereign assets can be difficult due to the lack of procedural issues, Ekaterina Arapova writes. Despite the intensification of confiscation rhetoric, the Western authorities cannot fail to understand that the cascading of such practices from the United States both causes serious damage to the reputation of a reliable financial hub of their jurisdictions, and provokes retaliatory measures from Russia.

How the US Forces Third Countries to Support Sanctions

The United States has released the “genie from the bottle” and now it is not known in which direction global sanctions may begin to develop. If the United States uses its dominance in the global financial system and the dollar monopoly in the mechanism of secondary sanctions, then China uses its positions in global value chains. And this response, in the medium term, may turn out to be quite symmetrical, given the share of Chinese materials and components in global production, writes Valdai Club expert Ekaterina Arapova.

BRICS+: The Global South Responds To New Challenges (in the Context of China’s BRICS Chairmanship)

Topping the agenda of the 2017 BRICS Summit was Chinese President Xi Jinping’s newly introduced concept of BRICS+ aimed at expanding partnerships within the group of emerging markets and establishing South-South cooperation.

Principles of Russia's Anti-Sanctions Policy Revision

The low monetisation of the economy essentially “kills” deferred demand within the country, and subsidising interest rates will require significantly larger cash injections than the announced 1 trillion rubles, which will actually settle in the banking system instead of being effectively used for project financing and accelerated import substitution in critical important sectors of the economy, Valdai Club expert Ekaterina Arapova writes.

Anti-Crisis Impulses of BRICS-Plus: From BRICS Countries to Regional Partners

The COVID-19 crisis resulted in a dramatic drop in manufacturing, global demand and incomes, and brought much of global economic activity to a halt. The “Great Lockdown” hurt businesses and engendered a rise in unemployment all over the world.

On the Brink: Contemporary Transformation of China’s Economic Growth Model

It became obvious that the China’s economy entered a critical stage of its development. It needed to integrate into new reality, diversify its economic growth sources, adopt structural reforms, as well as fi nd new instruments and mechanisms of their implementation in order to transform into a higher-value knowledge and technology-based economy.

Prospects for US-China Trade Deal: Strategic Agreements or Provisional Truce?

There is no doubt that getting the deal done is in China’s best interests. The country desperately needs large tariff-free markets as it faces a slowing economy, negative growth of international reserves, increasing budget deficit and growing corporate debt, as well as unstable and extremely vulnerable and divergent capital flows.

Video

Sanctions Against Allies and Partners: Limits of Application and Significance for Russia

24.02.2026

Evolution of the BRICS Value Platform. Presentation of the Valdai Club Report

08.04.2025

Confiscation of Russian Assets Abroad. An Expert Discussion

27.06.2024

Expansion of the BRICS and SCO. An Expert Discussion (In Chinese)

29.09.2022

Global South’s Response to New Challenges. An Expert Discussion

12.07.2022

The Vicious Circle of Sanctions: Can Russia and the West Surprise Each Other? An Expert Discussion

03.03.2022

Anti-Crisis Impulses of the BRICS +: From the BRICS Countries to Regional Partners

08.09.2020

Coordinated Fiscal Stimulus 2.0: What the G20 Can Do to Counter the Global Economic Slowdown

22.05.2020