PRIMER: Russian sanctions: a steady wave

Author: Olly Jackson | Published: 16 Jul 2018

The new Russia Sanctions Bill, set to be debated in the US Congress in the coming weeks, has received criticism from the EU, suggesting that coordination between the two jurisdictions over Russia is over. The EU has warned that action will be taken if assurances are not given about protecting EU companies from penalties. The extraterritorial effect of US sanctions means European courts would have little choice but to accept the legislation.

Following the Russian invasion of Crimea in 2014, EU and US leaders began to impose sanctions on Russian and Ukrainian individuals closely connected to the Russian leadership, freezing funds and enforcing travel restrictions on these individuals. Further sanctions followed after Russia was accused of conducting cyberattacks on the US as well as interfering with its latest presidential campaign.

The environment between the US and Russia means other sanctions, or at least extensions of existing sanctions, are possible. There...


 

 

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