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Strategic sanctions are costly foreign policy tools

Tuesday, June 18, 2019


Sanctions outlook.


Economic and financial sanctions are becoming strategic tools for a wide range of international actors. Sanctions can be effective in achieving strategic objectives, but they are not ‘low cost’ foreign policy tools.


  • Private sector de-risking can push sanctioned economies further towards opaque financial structures.
  • Sanctions will be a divisive issue for transatlantic ties.
  • Sanctions imposed without a clear objective carry the most risk of backfiring.

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