New EU Regulation prohibits Importation or financing of imports of goods from the Crimea

The EU has imposed a real sanction on Russia which prohibits the importation to the EU or by any EU national or company of goods from the Crimea, including Sevastopol, or the financing or insurance of such imports.

This is a real sanction with a real target, and is to be applauded as a first step.

The next step should be to bar all EU nationals and companies from doing business with, or financing business with, companies or individuals in the Crimea, or any businesses or individuals doing business or handling financial transactions with such individuals or companies, unless certified by the government in Kiev as meriting an exception under specific rules to be established.

The new Regulation (COUNCIL REGULATION (EU) No 692/2014) was adopted on June 23, and entered into force on June 25, 2014. The text can be found here.

Finally, the EU has adopted a real sanction, with real and powerful logic and principle behind it.

It is not enough, but it is a good start. It should serve as a model for the adoption by the U.S. and the EU of increasingly broad and painful sanctions against Russia for its invasion and annexation of the Crimea, and its ongoing aggression in the eastern Ukraine.

These sanctions should continue in force until the status quo ante is reestablished in the Crimea, with its return by Russia to the Ukraine, and until the Russian subversion and invasion of the eastern Ukraine is similarly halted and undone.

Eventually, Russia will also have to pay war reparations to the Ukraine. Conceivably these could come in the form of long-term gas price concessions.

The Trenchant Observer

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The Observer
"The Trenchant Observer" is edited and published by The Observer, an international lawyer who has taught International Law, Human Rights, and Comparative Law at major U.S. universities, including Harvard, Brandeis, the University of Pittsburgh, and the University of Kansas. He is a former staff attorney at the Inter-American Commission on Human Rights of the Organization of American States (IACHR), where he was in charge of Brazil, Haiti, Mexico and the United States, and also worked on complaints from and reports on other countries including Argentina, Chile, Uruguay, El Salvador, Nicaragua, and Guatemala. As an international development expert, he has worked on Rule of Law, Human Rights, and Judicial Reform in a number of countries in Latin America, the Caribbean, Africa, the Middle East, South Asia, and the Russian Federation. In the private sector, The Observer has worked as an international attorney for a leading national law firm and major global companies, on joint ventures and other matters in a number of countries in Europe (including Russia and the Ukraine), throughout Latin America and the Caribbean, and in Australia, Indonesia, Vietnam, China and Japan. The Trenchant Observer blog provides an unfiltered international perspective for news and opinion on current events, in their historical context, drawing on a daily review of leading German, French, Spanish and English newspapers as well as the New York Times, the Wall Street Journal, the Washington Post, and other American newspapers, and on sources in other countries relevant to issues being analyzed. The Observer speaks fluent English, French, German, Portuguese and Spanish, and also knows other languages. He holds an S.J.D. or Doctor of Juridical Science in International Law from Harvard University, and a Doctor of Law (J.D.) and a Master of the Science of Law (J.S.M.), from Stanford University. As an undergraduate, he received a Bachelor of Arts degree, also from Stanford, where he graduated “With Great Distinction” (summa cum laude) and received the James Birdsall Weter Prize for the best Senior Honors Thesis in History. In addition to having taught as a Lecturer on Law at Harvard Law School, The Observer has been a Visiting Scholar at Harvard University's Center for International Affairs (CFIA). His fellowships include a Stanford Postdoctoral Fellowship in Law and Development, the Rómulo Gallegos Fellowship in International Human Rights awarded by the Inter-American Commission on Human Rights, and a Harvard MacArthur Fellowship in International Peace and Security. Beyond his articles in The Trenchant Observer, he is the author of two books and numerous scholarly articles on subjects of international and comparative law. Currently he is working on a manuscript drawing on the best articles that have appeared in the blog.