Jul 11, 2017

Countries That Have Placed Economic Sanctions on Russia

Green indicates countries that have invoked economic sanctions against Russia (in blue) for their invasion and occupation of eastern Ukraine, support for Assad in Syria, and/or hacking and interfering in elections. All the advanced democratic countries have participated.

When foreign governments do outrageous things you have these options:

  1. Do nothing
  2. Do nothing but talk tough
  3. Work with allies to establish sanctions to try get them to stop what they are doing.
  4. Go to war

Options 1, 2, and 4 are not very good. So 3 is best.

The Russian military intervention in Ukraine, which began in late February 2014, prompted a number of governments to apply sanctions against individuals, businesses and officials from Russia and Ukraine. Sanctions were approved by the United States, the European Union (EU) and other countries and international organisations. Russia has responded with sanctions against a number of countries, including a total ban on food imports from the EU, United States, NorwayCanada and Australia.
The sanctions contributed to the collapse of the Russian ruble and the Russian financial crisis (2014–present).[1] They also caused economic damage to a number of EU countries, with the total losses estimated at €100 billion.[2]

According to Ukrainian officials,[a] the sanctions forced Russia to change its approach towards Ukraine and undermined the Russian military advances in the region.[3][4] Representatives of these countries say that they will lift sanctions against Russia only after Moscow fulfils the Minsk II agreements.[5][6][7]

And 98 elected US Senators thought it was best to take away the power of the President to unilaterally to lift sanctions.