The future of the sanctions regime: Perpetuation or creative rethinking?

Can the EU and the US demonstrate more flexibility without signaling a lack of resolve?

Intended to put pressure on Russia to end its meddling in Eastern Ukraine, European and US sanctions have been extended several times since 2014. Given their clear link to the Minsk agreements and the lack of progress in the negotiations, calls for more flexibility and incentives to break the stalemate have been made. Others have argued that the West should rather tighten the sanctions. Analysts also disagree about the political and economic effects the sanctions regime has had – both in Russia and the EU. Can the EU and the US demonstrate more flexibility without signaling a lack of resolve? Is there any economic need to rethink the sanctions regime from a European point of view? How important is US-Russian bilateral diplomacy, including possible summitry? Is there any realistic expectation of a US-Russian grand bargain?

With an introduction by
Klaus Mangold
, former Chairman of the German Committee on Eastern European Economic Relations. Currently, he is Chairman of the Supervisory Board of Knorr-Bremse AG, Munich and Chairman of Mangold Consulting GmbH in Stuttgart, which was founded in 2003.

Panel discussion

Clara Portela is Senior Associate Analyst at the European Union Institute for Security Studies (EUISS) in Paris, having previously served as a full-time faculty member in Political Science at the University of Valencia (Spain) and Singapore Management University (Singapore). Her research focuses on multilateral sanctions policies, arms control, non-proliferation and disarmament, with a focus on the role of the EU as an international actor.  She holds a PhD from the European University Institute in Florence and an MA from the FU Berlin, and she is the recipient of the THESEUS Award for Promising Research on European Integration. Clara Portela has been a Visiting Professor at the OSCE Academy in Bishkek, the College of Europe, and the University of Innsbruck, and has held visiting positions with Carleton University (Canada), the Institut d’Etudes Politiques de Grenoble (France), Monash University (Australia) and Hitotsubashi University in Tokyo (Japan).

Thierry de Montbrial is Executive Chairman of the French Institute of International Relations (Ifri), which he founded in 1979. In 2008, he launched the World Policy Conference. He has been a member of the Académie des Sciences Morales et Politiques of the Institut de France since 1992. He has authored more of twenty books including Action and Reaction in the World System. The Dynamics of Economic and Political Power (UBC Press, Vancouver, Toronto, 2013) and Living in Troubled Times. A New Political Era (World Scientific, 2018).

Miguel Berger is Director General for Economic Affairs and Sustainable Development at the Federal Foreign Office Berlin.


Ambassador Wolfgang Ischinger is Senior Professor for Security Policy and Diplomatic Practice at the Hertie School and Director of the school’s Centre for International Security. He has been Chairman of the Munich Security Conference since 2008. From 2006 to 2008, he was Germany’s Ambassador to the United Kingdom, and from 2001 to 2006, he was Ambassador to the United States. Ischinger previously held a wide range of diplomatic and policymaking positions, including State Secretary (Deputy Foreign Minister, 1998-2001).

This event is hosted by the Centre for International Security