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The New Cold War: Risk, Sanctions, Compliance


Jul 14, 2022

On this week’s episode of “The New Cold War: Risk, Sanctions, Compliance,” Stroock Partner Tom Firestone talks to political scientist, Maria Shagina. Maria is a leading expert on the use of sanctions as a tool of statecraft and has published extensively on the current round of Russia sanctions.  She is currently the Diamond-Brown Research Fellow for Economic Sanctions, Standards and Strategy at the International Institute for Strategic Studies (IISS).

Tom and Maria discuss these and other issues:

  • Are the Western sanctions on Russia working?
  • How Western export controls are making it difficult for Russian financial institutions to function on a day to day basis
  • The role of the Eurasian Economic Union and parallel imports in Russia sanctions avoidance
  • The most common Russia sanctions evasion schemes
  • The EU proposal to create an EU wide enforcement agency modeled on OFAC