RT Journal Article T1 The Empirical Evidence of EU-Russia Bilateral Trade Under Sanctions and Oil Price Shocks A1 Garashchuk, Anna A1 Isla-Castillo, Fernando A1 Podadera-Rivera, Pablo K1 Tratados comerciales AB After the annexation of Crimea in 2014, many EU–Russia projects such as the conceptof Strategic Partnerships, negotiations on the New Basic Agreement, and the abolishment of visaregime, among other important issues, were suspended. On top of that, the parties involved imposedmutual sanctions which seriously damaged bilateral trade relationships. The present article aims toanalyse EU–Russia bilateral trade under the sanctions and low oil prices together with such factorsas the growth of Russian and the EU’s GDPs per capita, geographical distance between parties anddevaluation of Russian currency by applying a gravity model. Moreover, the model allows us tocarry out simulations of circumstances as they would likely have unfolded had the sanctions notbeen imposed and if oil prices had remained at a reasonable level. PB MDPI YR 2022 FD 2022 LK https://hdl.handle.net/10630/30209 UL https://hdl.handle.net/10630/30209 LA spa NO Garashchuk, A.; Isla Castillo, F.; Podadera Rivera, P. The Empirical Evidence of EU–Russia Bilateral Trade under Sanctions and Oil Price Shocks. Sustainability 2022, 14, 7528. NO El presente artículo es el resultado de la participación de los candidatos en el Congreso Internacional: 32nd Annual Conference of the European Association for Evolutionary Political Economy, Bilbao (2-4/09/2020) y organizado por la prestigiosa European Association for Evolutionary Political Economy, así como en el II Congreso Internacional “Rusia y España: “política, economía, cultura”, desarrollado en Moscú (26-27/11/2020) y organizado por la National Research University (Higher School of Economics) y el Instituto de Latinoamérica y con la colaboración de la Embajada española en Rusia y el Instituto Cervantes en Moscú, entre otras instituciones. DS RIUMA. Repositorio Institucional de la Universidad de Málaga RD 20 ene 2026