EU and US Impose Sectoral Sanctions on Russia

Timeline Eventconfirmed
sanctionsukraine-conflictmh17financial-restrictionsenergy-sector
Regulatory CaptureFinancial CaptureIntelligence Penetration
Actors:European Union, United States, Sberbank, VEB, Gazprombank, Rosneft
2014-07-16 · 1 min read

Following the downing of Malaysia Airlines Flight MH17 over eastern Ukraine, the European Union and United States imposed comprehensive sectoral sanctions targeting Russian financial, energy, and defense sectors. These sanctions restricted access to EU and US capital markets for major Russian banks and energy companies, and prohibited export of dual-use technologies. The measures marked a significant escalation in Western response to Russian actions in Ukraine.

Sources

  1. EU Sanctions Timeline Against RussiaEuropean Council
  2. MH17 crisis a wake-up call to Europe over sanctions, says ObamaCNBC
  3. Russia defiant as US, EU unveil 'phase three' sanctionsFrance 24
  4. Sectoral Sanctions Identifications List (Original July 2014 Release)US Department of Treasury