The west has not gone far enough in sanctioning Russia
It is time to refocus our approach to sanctions on Russia. It is almost two years since the country launched its full-scale invasion of Ukraine, in an unprecedented attack that led to an unprecedented response from the democratic world.
In a matter of weeks, countries such as South Korea, Australia and Japan joined the EU, the UK and US in applying sanctions. Russia quickly surpassed Iran as the most sanctioned country and by the end of 2023 there were more than 18,000 active measures targeting Russian individuals or entities.