September 29, 2022

Explainer–How the U.S. Could Tighten Sanctions on Russia over Ukraine

Source: Reuters

Journalist: Daphne Psaledakis

Experts said they expect Washington will continue to take measures enforcing its existing sanctions on Russia and target those helping Moscow to evade sanctions. The United States could also enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone in the world performing transactions with Russia, Edward Fishman, who worked on Russia sanctions at the State Department during President Barack Obama’s administration, said.

The targeting of foreign entities over sanctions evasion would not be surprising, Brian O’Toole, a former Treasury Department official now with the Atlantic Council think tank, said.

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Author

  • Edward Fishman

    Adjunct Senior Fellow, Energy, Economics, & Security Program

    Edward Fishman is an Adjunct Senior Fellow at the Center for a New American Security, where he focuses on the intersection of business, economics, and national security. His r...