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The EU-Ukraine-Russia Sanctions Triangle. CEPS Commentary, 13 October 2014

Emerson, Michael (2014) The EU-Ukraine-Russia Sanctions Triangle. CEPS Commentary, 13 October 2014. [Policy Paper]

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    The EU and the US have been stepping up sanctions against Russia because the Kremlin has broken every basic rule of the pan-European security order enshrined in the Helsinki Treaty of 1975. The effective closure of financial markets for Russia’s big businesses now has serious bite. The Kremlin’s counter-sanctions are marginal. Russia’s actual and threatened trade sanctions against Ukraine, alongside its aggression over Crimea and east Ukraine, mean that it has cast itself in the image of an enemy for most Ukrainians. Europe’s trust of the Kremlin has sunk to its lowest level since pre-Gorbachev times. If Russia were to switch to a sincerely cooperative, long-term peace mode with Ukraine, the EU and the US would no doubt be happy to scrap the sanctions. In the absence of this, however, the logic would be for the EU and the US to sustain the most significant economic sanctions for as long as it takes, with preparedness to intensify them.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > External relations > EU-US
    Countries > Russia
    Countries > Ukraine
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 14 Oct 2014 09:50
    Number of Pages: 6
    Last Modified: 14 Oct 2014 09:50

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