Sanctions against Russia: successes, failures and prospects for the future

On Tuesday, February 11, a diplomatic briefing “Sanctions against Russia: successes, failures and prospects for the future” took place in the US capital at the Woodrow Wilson Center. During the event, ICPS Senior Advisor Vasyl Filipchuk and ICPS Expert in International Law and Human Rights Anastasia Galouchka presented an analysis of the current state of sanctions against the Russian Federation and ways to improve it.
The event, attended by US diplomats, analysts and experts, was moderated by the Ambassador Extraordinary and Plenipotentiary of the Republic of Latvia to Ukraine, Juris Poikāns, and the Kennan Institute and the International Renaissance Foundation were the partners.
“Threats in international politics are often no less effective than the actual use of means of coercion,” Vasyl Filipchuk said, presenting a survey of our Centre “Sanctions against Russia”. – Russian Federation has violated international norms and paid for it by deteriorating its reputation and weakening its international positions, but now it is taking them back.”
According to him, the combination of sanctions of different types will allow for a more systematic influence on Russian politics; while the procedure of its periodic continuation will signal the dependence of sanction pressure on specific changes in the behaviour of Russian Federation.
Anastasia Galouchka stressed that although the lists of persons subject to personal sanctions are being expanded, there are currently at least 14 individuals and one legal entity that has avoided sanctions.
“The US and EU governments should review these gaps in the sanctions list and put those individuals under the action of personal sanctions, their list is contained in our study,” – Anastasia Galouchka emphasised.
ICPS experts presented a study “Sanctions against Russian Federation” in Brussels, Tallinn, Rome and Warsaw the day before.
You could download the ICPS study “Sanctions against Russia: current state, prospects, successes and gaps of the multilateral international sanctions regime against Russian Federation” via the link: http://icps.com.ua/en/our-projects/publications/sanctions-against-russia-current-status-prospects-successes-and-gaps-in-the-multilateral-international-sanctions-regime-against-the-russian-federation/
Source: ICPS