On Tuesday, Acton’s Todd Huizinga took part in a West Michigan World Trade Association panel discussion on “US and EU Sanctions on Russia: How They Affect You.” He was joined by three other panelists who focused respectively on the legal, economic, and political ramifications of the current Russian/Ukrainian conflict and the sanctions it has evoked.
Though each of the panelists focused on a different angle of the conflict, a common thread emerged: the desire of Russian President Vladimir Putin and his political regime to return Russia to a position of dominance on the world stage.
Signaling this desire for increased power was the Russian annexation of Ukrainian territory, Crimea, in March and its military intervention in Ukraine thereafter, among other events. While these are significant actions in their own right, they also serve a broader purpose in drawing attention from the international community. As Huizinga stated, “they test Western resolve to act.”