WATCH: What are the economic implications of the Ukraine crisis?

Russia 's invasion of Ukraine has sparked outrage globally and had a significant impact on international trade.

The conflict in Eastern Europe has prompted western countries including the UK to impose tough sanctions against Russian banks, firms and private individuals.

RSM UK's economist Tom Pugh joined Chamber chief executive Henrietta Brealey to discuss the economic implications of the Russian invasion.

In this short Q&A session, Tom provides insight into the factors businesses who do business in Eastern Europe must consider, the impacts on commodity prices and availability and the potential long-term outlook if the conflict becomes protracted.

Watch the Q&A session below�