Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
Sanctions are a foreign policy tool that are used by both multilateral and regional bodies, as well as countries seeking to alter an undesirable behaviour or activity of another country, entity, group or person.
Sanctions are restrictive measures that can used to coerce a change in behaviour, constrain a behaviour, and/or to communicate a clear political message to other countries or persons.
When the use of sanctions is threatened or imposed, those imposing them are using 'negative incentives' to influence governments, individuals or groups to change existing forms of behaviour deemed to jeopardise the interests of the sanctioning party/parties. Sanctions may also be used when the sanctioned party threatens to, or violates international norms, such as human rights abuses, genocide, and proliferation of weapons of mass destruction.
Sanctions are often seen as the last diplomatic tool before military action.
Sanctions should be used as a part of a wider strategy to deliver on an overall policy objective, and it should be understood how sanctions fit into this. Sanctions are a means to an end, not a goal in themselves.
Sanctions are used routinely in response to geo-political events, often involving the breaching of international norms.
Sanctions can be used by multilateral organisations such as the United Nations, and European Union to pursue peace and security. They can also be used autonomously by individual countries to pursue a foreign policy objective in addition to those reasons already given.
Sanctions can range in terms of targets and in terms of the prohibitions that they can create. Most sanctions regimes will involve a list of designated entities and persons which are subject to asset freezes and most times travel bans.
'Western' countries have had sanctions in place on Russia since 2014 when Russia annexed the Ukrainian region of Crimea. These sanctions were expanded in response to Russia's support of the Eastern break-away provinces of Donetsk and Luhansk in Ukraine.
Those with sanction in place included the US, UK, Canada, and the EU. These sanctions focussed on Russian efforts to integrate the Crimea and support the Eastern break-away provinces. They ranged from energy related sanctions, to asset freezes, and export controls.
In February 2022 Russia invaded Ukraine in an attempt to take control of the country, bring about regime change, and permanently annex Crimea and surrounding lands to create a land bridge for Crimea with Russia.
Since the invasion there has been a significant increase in sanctions being used against Russia, not just by those who previously had sanctions on Russia, but also the likes of Australia, Japan, New Zealand, and South Korea. The sanctions in place have been dramatically increased to include financial, energy, export, and service prohibitions.
As we build out our website we will be looking to develop pages devoted to specific sanctions regimes. These will provide the details of the sanctions being used against the relevant country, including who has sanctions on that country, what are the aims of these sanctions, what types of measures are included within the sanctions, and some advice on what this means for those seeking to operate with or in those jurisdictions.
In addition, eventually we will also be looking to create a series of detailed analysis reports on the sanctions regimes which will be behind a paywall accessible to our Sanctions SOS members.
Below you will find a summary infographic that details changes to the designations under UK sanctions regimes. Each summary covers a two-week period and sets out what the changes have been, under what UK sanctions regime they have been made, and for what reason. These infographics are also available on our LinkedIn page.
Sanctions SOS
WeWork c/o Sanctions SOS, One St Peter's Square, Manchester, England M2 3DE, United Kingdom
Copyright © 2024 Sanctions SOS - All Rights Reserved.
Sanctions SOS Ltd incorporated in England and Wales, Registration Number 13231663.
Sanctions SOS NFP Ltd incorporated in England and Wales, Registration Number 14206474.
Powered by GoDaddy