Treasury Committee investigates effectiveness of economic sanctions on Russia
With the world shocked and appalled by Russia’s illegal invasion of Ukraine, time is of the essence to impose meaningful sanctions on the Russian state, businesses and oligarchs. As MPs, we want to ensure that the economic sanctions already proposed bite hard and we will be looking to identify further effective measures that can be taken.
In the first session of the ‘Russia: effective economic sanctions’ inquiry, the Committee will explore what makes sanctions effective, and what future sanctions are available.
The Committee will also investigate how economic sanctions can be applied to individuals, banks, companies and Government reserves, with experts in sanctions, economics and payments policy.