The imposition of sanctions against Russia in response to its activities in Ukraine was a significant milestone in the U.S.-Russia relationship, the post Cold War world, and in the practice and art of sanctions. The implications of the sanctions imposed -- both in the content of the measures and in what they represent in terms of great power relations -- will reverberate for many years after the crisis is resolved, assuming that it is.

The Center on Global Energy Policy hosted a presentation and discussion by Ambassador Dan Fried, Coordinator for Sanctions Policy at the U.S. Department of State and an architect of the Russia sanctions effort. He offered remarks focused on the Russia sanctions effort, its implications, and what it means for U.S. sanctions policy in the future. Richard Nephew, Program Director for Economic Statecraft, Sanctions and Energy Markets at Center on Global Energy Policy, moderated a discussion after the presentation.