Brexit's Implications for UK and European Sanctions Policy
In a new report by the Center on Global Energy Policy, authors Richard Nephew, program director for Economic Statecraft, Sanctions, and Energy Markets at the Center on Global Energy Policy, and David Mortlock, partner and Chair of the Government Relations Group at the law firm of Willkie Farr & Gallagher LLP, outline implications of the UK's decision to withdraw from the European Union in relation to the view and execution of economic sanctions policies in both regions. The paper reviews the legal and political history of EU and UK sanctions policies since the Lisbon Treaty came into effect in 2009 as well as three cases of sanctions policymaking and enforcement – against Iran, Russia, and terrorists – to identify common interests and themes, as well as differences in how the UK and EU perceived sanctions enforcement. The report concludes by offering up three observations concerning how the UK and EU will move forward in their respective sanctions policies and two recommendations for how these two entities, along with the United States, should work together to preserve the benefits that existed prior to BREXIT.
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