In a concerted effort to amplify economic pressure on Russia, strategic recommendations focus on expanding and diversifying the sanctions currently in place. The U.S. government is advised to target key industries that are critical to the Russian economy, including energy, finance, and technology. These sanctions should incorporate comprehensive measures such as:

  • Asset freezes on individuals and entities connected to the Kremlin.
  • Export controls on dual-use technologies that could bolster Russia’s military capabilities.
  • Broadening the scope of financial sanctions to encompass Russia’s state-owned enterprises.

Moreover, engaging international allies is paramount to ensure that sanctions are not only expanded but also effectively enforced. The U.S. should enhance collaboration with European partners and other G7 nations to implement a unified front. This strategic coalition can address loopholes and facilitate information sharing regarding illicit financial movements. Key actions include:

  • Increased surveillance of Russian investments abroad to prevent circumvention of sanctions.
  • Joint task forces to identify and penalize non-compliant entities globally.
  • Public relations campaigns to raise awareness of the repercussions of doing business with Russian firms.
IndustryRecommended Sanctions
EnergyRestrict exports of technology and equipment for oil and gas extraction.
FinanceSanction major banks and cutting off SWIFT access.
TechnologyBan the export of high-tech goods that could enhance military capabilities.