Sanctions, Russia's war, and the future of trade


April 20, 2022, 9:00 AM to 10:00 AM EDT
Virtual Event

Cecilia Malmström (PIIE), Mary E. Lovely (PIIE) and Denis Redonnet (European Commission)

Event Summary

The Russian invasion of Ukraine is one of the worst assaults on civilians in Europe since the Second World War. Forty countries around the world, representing half of the global economy, have imposed far-reaching sanctions on Russia. What effects will the sanctions and the war have on trade policies? Can we expect a closer cooperation between the European Union and the United States, or will both turn inwards instead? What consequences will the war have for the World Trade Organization and the multilateral trading system?


Cecilia Malmström
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)


  • Mary E. Lovely, Anthony M. Solomon Senior Fellow, PIIE
  • Denis Redonnet, Deputy Director General for Trade and Chief Trade Enforcement Officer, European Commission



About This Series

Trade Winds is a monthly virtual event series hosted by Cecilia Malmström that explores the future of global commerce, including ways that international cooperation on trade can accelerate the recovery from the COVID-19 pandemic.