As with any neighbouring countries, there are many economic ties between the two countries. The reality is that, should Russia proceed with military action, that will have massively destabilizing consequences for the entirety of the economy, and much beyond that, of course, for Ukraine. Likewise, because of the very severe and significant reaction that there will be from the international community, the same will occur for Russia as well.
On February 14th, 2022. See this statement in context.