EU Sanctions Policy towards Russia: The Sanctioner-Sanctionee’s Game of Thrones. CEPS Working Document No. 402/January 2015

Since Russia’s annexation of the Crimean peninsula and the start of the conflict in the Donbass region, the EU has introduced three waves of restrictive measures against Russia, which are regularly updated. Having thus expanded from measures targeting individuals to entire sectors, the current EU sanctions policy impacts Russia’s financial markets, energy sector and defence industry. On top of this, new bans affect EU investments, services and trade in Crimea and Sevastopol. While they hurt the Russian economy, the EU sanctions also have a boomerang effect, especially in conjunction with the countersanctions imposed by the Kremlin on EU food imports. In this lose-lose situation, the usefulness of the EU sanctions has been called into doubt, in particular in those EU member states that are the most economically intertwined with Russia. How successful has the EU been so far in pushing its case with the Kremlin and what moves are left for the two main actors in the sanctioner-sanctionee ‘Game of Thrones’? This Working Document offers a SWOT analysis of the EU sanctions policy towards Russia and identifies the Strengths for the EU to cultivate, Weaknesses to minimise, Opportunities to seize and Threats to counteract.

The Economic Impact of Sanctions against Russia: Much ado about very little. CEPS Commentary, November 2015

The decision process leading to the imposition of sanctions against Russia in response to its annexation of Crimea and its subsequent military intervention in Eastern Ukraine has been very difficult for the EU, with some member states claiming that they have been particularly hard hit because exports to Russia are important to their economies. This commentary shows, however, that the economic cost in terms of lost exports, and thus potentially jobs, has in reality been negligible.

The consequences of the Western financial sanctions on the Russian economy. OSW COMMENTARY NUMBER 203/23.03.2016

Although they are not the deciding factor, the Western financial sanctions are nevertheless an important factor affecting the deteriorating economic situation in Russia. They have significantly undermined the opportunities which Russian companies have to attract foreign capital, thus contributing to the deterioration of their financial condition (which is particularly prominent in the case of energy firms subject to sanctions). Therefore, Russian businesses need more support from the state. However, this support is becoming more difficult due to the dramatic fall in oil prices – revenues from oil exports are the main source of budget revenue.

The Effects of Sanctions and Counter-Sanctions on EU-Russian Trade Flows. CEPS Commentary, 5 July 2016

After Russia annexed Crimea in early 2014 and then intervened, manu militari, in the Eastern part of Ukraine, the European Union wanted to show its disapproval and put pressure on Russia to change its behaviour. A wide variety of measures were taken, including the imposition of individual restrictions, such as asset freezes and travel bans, but also the suspension of development loans from the EBRD. But the EU (together with the United States) also took, in July and September 2014, a set of broader measures: limited access to EU primary and secondary capital markets for targeted Russian financial institutions and energy and defence companies; export and import bans on trade in arms; an export ban for dual-use goods and reduction of Russia’s access to sensitive technologies and services linked to oil production.

Immigration reform : status of implementing employer sanctions after one year : report to the Congress /

"B-125051"--P. [1]

Immigration reform : status of implementing employer sanctions after second year /

"B-125051."--p. [1]

DWI sanctions: the law and the practice.

Mode of access: Internet.

The knowing employment of illegal immigrants : hearing before the Subcommittee on Immigration and Refugee Policy of the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, first session, on employer sanctions, September 30, 1981.

Item 1042-A, 1042-B (microfiche)

Enforcement frequency, sanctions and compliance level for pedestrian safety. Final report.

National Highway Traffic Safety Administration, Office of Driver and Pedestrian Research, Washington, D.C.

Traffic law sanctions. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Traffic law sanctions. Executive summary. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Proposed economic sanctions against South Africa [microform] : hearings and markup before the Committee on Foreign Affairs and its Subcommittees on International Economic Policy and Trade, and on Africa, House of Representatives, One Hundredth Congress, second session, on H.R. 1590, H.R. 1051, H.R. 2443, H.R. 3317, and H.R. 3328, March 22, 23; April 20, 28; and May 3, 1988.

CIS Microfiche Accession Numbers: CIS 89 H381-23

Field evaluation of jail sanctions for DWI. Final report.

National Highway Traffic Safety Administration, Washington, D.C.