The foreign ministries of Germany, France, Sweden, Spain and the Netherlands have summoned Russian ambassadors over the death of opposition activist Alexei Navalnyj. Germany has proposed an approval of another sanctions package against Russia, while the last proposed package has not yet been approved. Martin Vokálek, Executive Director of EUROPEUM Institute, analysed how effective the sanctions are and whether Western countries should continue to push them.
We could take an example from the United States, which has announced so-called secondary sanctions on banks that are currently cooperating with Russian banks and basically holding the Russian financial economy together, and these secondary sanctions have already caused that some Turkish or Chinese banks have stopped serving Russian clients over time.
You can listen to the full interview in Czech here from 45th minute.
##Alexej Navalnyj #Sanctions #BanksExpertise: Economic issues, European security and NATO, war crimes and international law problematic