Russia-Ukraine Dialogues: deepening sanctions

This panel discussion focused on sanction regimes against Russia in response to the February 2022 escalation of the war. Panelists discussed the impact of current sanctions on Russia, their effectiveness in deterring Russia's aggressive actions, and potential new measures that could be taken to increase pressure on the Russian government. Additionally, the panel explored the differences between the sanctions imposed by the United States and those imposed by European countries, including their objectives, scope, and potential impact on the Russian economy and political climate. The discussion also touched on the potential consequences of further sanctions, including their impact on global trade, geopolitical tensions, and the domestic political landscape in Russia. The panel aimed to provide insights and recommendations on how the international community can respond to Russia's actions while minimising harm to the wider global community. #LSERussiaUkraine

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This webinar was held on Tuesday 2 May.

Meet the speakers and chair

Hanna Shtepa is a Counsel heading the International Commercial & Trade (ICT) practice in the Kyiv office of Baker McKenzie. The practice is ranked Tier 1 by Legal 500 EMEA. She specializes in international trade restrictions, economic sanctions and export controls compliance, structuring international supplies of goods and services, anti-dumping investigations, public procurement regulations, trade and general compliance, legal regime and restrictions related to temporary occupied territories and business operations during the military state. She also has extensive experience in project finance, focusing on renewable and conventional energy, financial restructuring, sovereign and municipal finance, nuclear liability.

Hanna held a number of trainings and presentations for Ukrainian banks and corporate clients on compliance with Ukrainian sanctions and special trade regimes with the Crimea and uncontrolled territories in the East of Ukraine.

Hanna is ranked as Next Generation Partner for International Trade and Energy and recommended as a Rising Star in Banking, Finance and Capital Markets by Legal 500 EMEA 2020-2022. Ms. Shtepa holds her LL.M. in International Commercial Arbitration Law from the Stockholm University, Stockholm, Sweden.

Tymofiy Mylovanov (@Mylovanov) is a President of Kyiv School of Economics. During his professional career, he has been teaching for a long time at  European and American universities, including Rheinische FriedrichWilhelmsUniversität Bonn, University of Pennsylvania and University of Pittsburgh. Tymofiy’s research interests cover such areas as theory of games and contracts, institutional design. His articles on these topics have been published in the leading international academic magazines, including Econometrica, American Economic Review, the Review of Economic Studies. During the Revolution of Dignity, jointly with other leading economists of Ukraine and the world, he founded the VoxUkraine platform aimed to increase the level of economic discussion in Ukraine.

Viljar Lubi has worked for the Ministry of Foreign Affairs holding various positions. He started at the Press and Information Department and later worked at the Foreign Economic Policy Department. He was an Economic Adviser at the Estonian Embassy in London 2002-2006. After returning from London he worked as a Director of the General Affairs Division in the EU Department. In August 2009 Mr Lubi took up the position of Economic Adviser at the Estonian Embassy in Washington, DC. In 2011 he was seconded to the Ministry of Economic Affairs and Communications in Estonia. In 2013 Mr Lubi took up office in New Delhi as the first residing Estonian Ambassador to India. His co- accreditations also included Myanmar and Sri Lanka. After 3 years he was seconded to the Ministry of Economic Affairs and Communications as a Vice Minister for Economic Development. Since 2021 Mr Lubi has been the Ambassador of Estonia to the United Kingdom.

Leon Hartwell (@LeonHartwell) is a Senior Associate at LSE IDEAS and a Non-Resident Senior Fellow at the Center for European Policy Analysis (CEPA) in Washington DC. His research interests include conflict resolution, genocide, diplomacy, democracy, the Russia-Ukraine war, and the Western Balkans. Previously, Hartwell was the Senior Advisor of the Central and South-East Europe Programme (CSEEP) and the 2022 Sotirov Fellow at LSE IDEAS, and CEPA’s Acting Director of the Transatlantic Leadership Program.  From 2012 to 2013, he was also the Senior Policy Advisor for Political and Development Cooperation at the Embassy of the Kingdom of the Netherlands in Zimbabwe, where his work included government and civil society engagement, political reporting, peace building projects, and supporting human rights defenders. In 2019, Hartwell completed a joint doctoral degree summa cum laude at Leipzig University (Germany) and Stellenbosch University (South Africa). His thesis analyzed the use of mediation in the resolution of armed conflicts. Hartwell has published extensively in professional scholarly outlets and mainstream media ranging from the Negotiation Journal (Harvard-MIT-Tufts) and Oxford University Press to War on The Rocks. He speaks Afrikaans, English, Dutch, and Latvian, which he studied at the U.S. Foreign Service Institute.