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Cecilia Bellora, Économiste en charge du programme « Politiques commerciales », CEPII

Sanctions against Russia: taking stock four months after the start of the war

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On 23 February – the eve of Russia’s invasion of Ukraine – the Council of the European Union (EU) adopted the first package of sanctions in response to Moscow’s recognition of the self-proclaimed autonomous republics of Donetsk and Lugansk.

Five more packages followed, the last of which was adopted on 3 June. From the second package onwards, sanctions targeted trade in goods. Let’s go over the sanctions’ timeline to better assess their effects.

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