Framing the Debate: Sanctions and International Investment Law at the Crossroads
Javier García Olmedo
Abstract
Russia's full-scale invasion of Ukraine has triggered an unprecedented wave of unilateral sanctions by several countries, including Ukraine and the Member States of the European Union (EU). 1 These measures target not only Russia and Belarus but also individuals and entities that support or benefit from the war.Sanctions include asset freezes, travel bans, trade and financial restrictions, limitations on technology transfers, and arms embargoes.In response, Russia has introduced a series of countersanctions targeting foreign investors from 'unfriendly countries', including mandatory contributions to the state budget on asset divestments, temporary government administration of foreign-owned property and one-off windfall taxes on profits. 2 In the EU, sanctions are adopted under the EU's Common Foreign and Security Policy (CFSP) and implemented through targeted and sectoral measures, primarily under Council Regulation No. 833/2014 and Council Implementing Regulation No. 2022/336 implementing Regulation (EU) No. 269/2014. 3Regulation 2022/ 336 targets individuals and entities, imposing asset freezes, travel bans, and fund restrictions, with over 2,500 listed persons.Regulation 833/2014 imposes sectoral sanctions on Russia and Belarus, including trade, financial, and investment restrictions directed at their governments and economies.EU sanctions are enforced
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.