Brent Scowcroft Center Nonresident Senior Fellow Marik String cowrites for Foreign Affairs on what to do now that the Euopean Union’s sanctions on Russia are set to expire:
The conflict in Ukraine might reach a turning point this summer as EU sanctions against Russia near their expiration date and the “Minsk II” ceasefire in eastern Ukraine comes under increasing strain. Russian troops are reportedly massing near Ukraine’s borders, and observers are documenting up to 80 daily ceasefire violations, including a separatist offensive last week. Ukrainian leaders are bracing for intensified violence in the weeks ahead when, according to Ukrainian Prime Minister Arseniy Yatseniuk, “the chances of a new [Russian] offensive are very, very high.”
The EU Council is scheduled to hold a meeting in late June to consider extending its “sectoral sanctions” on Russia, those targeting energy, defense, and financial firms, before they expire on July 31. If just a single EU nation objects to the renewal—and several, including Greece and Hungary, have expressed hesitation—then the entire sanctions regime may collapse. It would force the United States, whose own policy response to Russia has benefited from close coordination with international partners, to confront difficult decisions about the future course of its Russia sanctions policy. These include whether to ratchet up its own sanctions, with or without the European Union, within the three categories imposed thus far (blocking, export control, and sectoral) or seek new types of restrictive measures (secondary and country sanctions).