Why Sanctions against Russia Can Still Make a Difference
Longer term, sanctions will limit Russia’s ability to invest properly in its oil and gas infrastructure, reducing its growth potential.
Maintaining unity within Europe, but also between Europe and the United States, on the sanctions strategy requires a continued engagement on both sides of the Atlantic and a more active explanation of its benefits. This will be especially true if they need to be intensified next year in order to strengthen the ceasefire agreement.
Simond de Galbert is a visiting fellow with the CSIS Europe Program and a French diplomat on detail. Richard Nephew is a fellow at the Center on Global Energy Policy at Columbia University and former U.S. diplomat.
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