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Dear Supporter,

We've all been hearing a lot about sanctions in the news this past week. As public opinion has shifted from skepticism about sanctions to a chorus of commentators demanding new "crippling sanctions" on Russia and its oligarchs, it highlights the fact that many misconceptions about this tool of financial pressure still exist. In two publications, The Sentry's Co-Founder John Prendergast, US Senator Chris Coons (D-DE), and I discuss the efficacy of sanctions and how they can best be utilized to achieve positive outcomes.

In their joint op-ed in Foreign Policy [ [link removed] ], Senator Coons and John discuss targeting the root cause of many of the issues facing Sudan and the need to deploy network sanctions that can create accountability and leverage. Congress, they argue, has a role to play through enacting the Sudan Democracy Act, which would give the Administration authority to block the assets of, and impose visa bans on, the actors undermining the transition to democracy in Sudan. The Act is intended to surgically target the key spoilers and their enablers and support the democratic desires of the people of Sudan. Global banks, which are at the frontline of sanctions enforcement, have a key role to play by blocking Sudanese spoilers and their business networks from the international financial system.

In our Foreign Affairs essay, "Can Sanctions Be Smart?: The Costs and Benefits of Economic Coercion [ [link removed] ]," John and I discuss sanctions more broadly, outlining when they do and don't work. Many critics of sanctions focus on the failures of comprehensive embargoes, but more precise, targeted, and strategic options are also available, in particular to target transnational issues such as corruption. Importantly, these types of sanctions have shown success.

Sanctions have a role to play not just in Russia, but wherever their strategic and thoughtful use can be a key tool in dismantling entrenched kleptocratic systems. This includes in the countries we cover-Sudan, South Sudan, DRC, CAR, and Zimbabwe-where countering their kleptocratic systems will not only benefit the people of Africa, but it will also deprive hostile actors, such as the Kremlin's mercenary force the Wagner Group, from finding resource-rich refuges to plunder and train its assassins.







Sincerely,

Justyna Gudzowska
Director of Illicit Finance Policy







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