Sanctions: “Putin has his own rationality and cares little about the Russian economy”-economic policy

Frédéric Dopagne, a law professor at UCLouvain, believes that a complete embargo on Russia is legal. Even if Putin “always cares little about the Russian economy,” this could have an impact.

Westerners are considering stricter economic sanctions on Russia as Russia intensifies its attacks on Ukraine and the horrifying image grows. European countries remain divided over Russia’s embargo on oil, not to mention gas, but debates are open. Frederick Depagne, a professor of the Faculty of Law of Louvain Catholic, evokes the stage of international sanctions as much as possible.
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Westerners are considering stricter economic sanctions on Russia as Russia intensifies its attacks on Ukraine and the horrifying image grows. European countries remain divided over Russia’s embargo on oil, not to mention gas, but debates are open. Professor Frederick Depagne of the Faculty of Law, Louvain, evokes a gradual shift in international sanctions, but what can Westerners decide to bend Russia economically? There is no precedent in its scope, especially with regard to the freezing of assets of the Central Bank of Russia. From what I’ve read, it’s already affecting the Russian economy and will get worse-that’s the goal. This is far more important than targeted sanctions, asset freezes, and travel bans on individuals … Even if this is also planned, could the next step be an energy embargo? The United States has already decided on such an embargo on Russia’s oil and gas, but it will give us more penalties. It turns out that the European Union is preparing for this by urgently trying to diversify its sources by accelerating the energy shift … especially if Putin goes further in the war. It wouldn’t be surprising if a decision was made, especially by using biological and chemical weapons, US President Joe Biden warned about this and confirmed that his information was correct since the beginning of the conflict. Is full economic sanctions possible? It will be a complete interruption of trade with Russia. This is what Ukraine wants. It is the greatest pressure on economic planning, and of course it is possible. Given the human rights abuses we are witnessing, this would be perfectly justified at the legal level. Little has been said about the legal nature of sanctions since the beginning of the dispute, but it is clear that there are actually serious violations of international law on the Russian side. Who should judge the legality of these sanctions, if necessary? Russia may challenge the effectiveness of sanctions in front of the World Trade Organization (WTO). In this case, it is appropriate to justify them, but there is little doubt … If we raise the gear at the European level, there is a risk of hurting Russia, the impact of sanctions, and emphasizing its effectiveness. I have. It’s interesting to see China’s position, which doesn’t seem to fly with the help of Russia, but isn’t Russia’s President Vladimir Putin another rationality? Putin has his own rationality, which is undeniable, he has always cared little about the Russian economy. However, there is movement in the relationship with the oligarchs, and it seems that the balance of power may evolve within the Russian power itself. Is it just the will of sanctions to make sure things work, and then only military options to stop it? There is still room for military support, equipment, and training … the problem that arises is clearly knowing from what moment you will become a co-belligerence nation. Again, at the level of international law, this would be justified as Russia attacked Ukraine. Former French Defense Minister François Leotard estimated in the French press on Monday that Europe should intervene if it were just to attack Russia’s military weapons. Attacking Citizens … Neutralizing Russian weapons or destroying infrastructure will be the way to go to war. If it’s legal, it’s nothing. François Leotard was undoubtedly characterized by his experience in wartime defense in former Yugoslavia, but here the context is different. We are talking about Russia, a nuclear power. Unfortunately that is the case.

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