Nearly three months since Moscow’s full-scale invasion began, Ukraine continues to defiantly defend its territory. The West has supported Ukraine in this fight by providing military assistance and by lodging unprecedented sanctions on Russia. Sanctions, including restrictions on the Russian Central Bank and technology exports to Russia, have eaten into the Kremlin’s capacity to wage war. But sanctions can be made more effective. With more room to escalate punishment on Putin’s war chest and the Kremlin elites helping to sustain Putin’s system, what does Ukraine see as the best targets for the West to maintain economic pressure? How can the US and Europe better coordinate their sanctions regimes to make a difference in the war?
Andriy Yermak joins Ambassador John Herbst, senior director of the Atlantic Council’s Eurasia Center, to present a roadmap for the West on how to strengthen sanctions on Russia and weaken its ability to wage its war of aggression against Ukraine.
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Europe in crisis
War in Ukraine
In February 2022, Moscow launched an all-out invasion of Ukraine after a months-long military build-up, threatening the country’s sovereignty and its future. This existential moment for the country follows the 2014 Maidan revolution, a nexus for Ukraine’s Europe-focused foreign policy and reform efforts. The ensuing Russian invasion and occupation of Crimea, aggression in Ukraine’s east, and Kremlin disinformation efforts, cast a shadow over Ukraine’s independence.
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The Eurasia Center’s mission is to enhance transatlantic cooperation in promoting stability, democratic values and prosperity in Eurasia, from Eastern Europe and Turkey in the West to the Caucasus, Russia and Central Asia in the East.