Sanctions on Russia: A Comprehensive Approach

Implementing sanctions on Russia is a complex task that requires careful consideration of various factors. However, some critics argue that Switzerland is not doing enough to support international efforts.

The Theory of Change for Policymakers

According to experts, the theory of change for policymakers should be to prevent the Kremlin from funding its military through comprehensive sanctions. This approach would require a more detailed and inclusive strategy, considering exemptions for essential goods such as medicines.

Challenges in Implementing Sanctions

Several challenges hinder the implementation of effective sanctions:

• Lack of Experience: Companies are struggling to implement sanctions due to a lack of experience in navigating complex regulations.
• Desire to Operate within the Law: Many businesses aim to operate within the law, which can lead to a reluctance to take proactive measures against potential sanctions evasion.

A Comprehensive Approach to Sanctions

To overcome these challenges, policymakers should adopt a more comprehensive approach to sanctions:

• Exemptions for Essential Goods: Consider exemptions for essential goods such as medicines to prevent shortages and ensure the well-being of citizens.
• Encouraging Proactivity in the Private Sector: Encourage the private sector to be more proactive in identifying potential sanctions evasion, thereby strengthening the overall effectiveness of sanctions.

Switzerland’s Reputation at Risk

Switzerland’s reputation is at risk if it does not join the G7’s REPO task force aimed at freezing and seizing Russian assets. This move would demonstrate Switzerland’s commitment to supporting international efforts against Russia.

Conclusion

In conclusion, implementing effective sanctions on Russia requires a comprehensive approach that considers various factors, including exemptions for essential goods and encouraging proactivity in the private sector. By taking these steps, policymakers can prevent the Kremlin from funding its military and support international efforts against Russia.