The Sanctions War Is Just Beginning
Targeting Russia Was the Easy Part
The international sanctions campaign that countries and companies have mounted against Russia in the wake of its invasion of Ukraine is a remarkable achievement of multinational diplomacy and corporate responsibility. Much of the world has voluntarily terminated business with Russia, severing trade ties and financial relationships with the country and shocking the Kremlin by freezing many of its foreign assets. The speed, scope, and scale of these punitive economic measures and the nature of their target—one of the world’s largest and most important economies—are all without precedent.