Sanctioning Russia for its war in Ukraine

This event examines the effectiveness of sanctions against Russia in retaliation for its war in Ukraine.

Research event, Panel Recording
24 March 2022 — 12:00PM TO 1:30PM
Online

Sanctioning Russia for its war in Ukraine

— This event examines the effectiveness of sanctions against Russia in retaliation for its war in Ukraine.

Russia’s war in Ukraine triggered fierce and unprecedented unity in sanctions against Moscow. As well as sanctioning Russian exports, including some of its oil and gas, businesses are finding Russia too toxic, severing their local commercial operations or withdrawing from Russia completely.

The Kremlin’s aggression is also strengthening many countries’ policies towards Russian assets held abroad. Bank accounts have been frozen, luxury yachts seized, and property ownership is being investigated.

Even the UK is finally moving towards more serious anti-kleptocracy legislation and Switzerland has broken its century-old neutrality to impose sanctions on the Russian financial assets it stores.

For this event, speakers examine the effectiveness of sanctions against Moscow, how the Russian population will be affected and, as the war drags on, the argument for Western resolve and unity as sanctions begin to bite at home, as well as in Russia itself.

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