The impact of sanctions on the development of trade between the Czech republic and the Russian Federation.

The Czech republic and Russia have been having long-term cooperation. However, recent economic and political situation in the world has a direct influence on the further development of the trade relations between the Czech republic and Russia. The economic sanctions imposed by the United States and European Union on Russia are having a crippling effect. The main issue of my work is to prove that the sanctions have had negative impact on trade between Russia and the Czech republic