Category Archives: Sanctions and Embargos

Sanctions – Embedded in the Structure of Global Trade

The Ukraine war has resulted in a huge array of Western sanctions, extraordinarily coordinated, that will be a lasting element in the global trading order. This opinion piece in the Globe in May 2022 explains their impact and the political difficulties of winding these down, even if and when this war ends. Russian Sanctions Will… Read More »

Dealing with Dictators

Canada doesn’t need a US-style Magnitsky Act to deal with putative dictators like Nicolas Maduro of Venezuela, Vladimir Putin of Russia, Robert Mugabe of Zimbabwe or others. We could easily deal with Maduro or any situation involving the trampling of basic human rights and democratic principles with a few tweaks to the Special Economic Measures… Read More »

Keeping Up With Sanctions – a Challenge

The Problem In concert with its western allies, Canada has instituted a series of trade and economic sanctions against Iran, Syria, Russia, plus about twenty other countries and failed states. These can be tricky seas to navigate for Canadians, doubly treacherous because of the criminal penalties involved when sanctions are transgressed. The challenges are compounded… Read More »

Russian Trade Roulette

The current cavalcade of sanctions and counter-sanctions in the Russian-Ukraine crisis ultimately involves issues of trade rules under the WTO Agreement. I commented on this in an op-ed piece in the Globe and Mail today (August 8, 2014), my view being that, contrary to the Russian threat, it’s Russian trade retaliation against the West, including… Read More »