'It wouldn't be significant because of any of the results,' former OFAC official Peter Kucik told Newsweek. 'It would be significant because of the fact that it's fairly unprecedented to sanction a leader of the stature of Putin.'
of North Korea. Kim took the helm as the third ruler in his family's dynasty in 2011, and was targeted by OFAC in 2016 over accusations of widespread human rights abuses. But it was his nuclear arsenal that brought him to the table two years later with Donald Trump as part of a prospective peace deal that ultimately unraveled.
Russian President Vladimir Putin meets with Syrian President Bashar al-Assad at the Kremlin in Moscow on September 13, 2021. Putin and his top officials have met with most of the world leaders on the U.S. Treasury Department's blacklist, and the Kremlin has been vocal over its opposition to Washington's use of economic restrictions abroad.As part of some of the longest-running sanctions by the U.S.
Given how long some of these sanctions programs have existed, debate continues to play out over just how effective such measures are in coercing changes in behavior considered undesirable by Washington.Peter Kucik, who served as senior sanctions policy adviser at OFAC, toldthat"sanctions work best when there's some way forward that allows for a way forward for both parties."
He also cast doubt on the current approach of sanctions against Moscow, noting that many of the officials who initially called for such restrictions against Russia as a deterrent to Putin's moves in Ukraine in 2014 are the same people advocating the identical strategy today.
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