
Intelligence Squared Debate: Sanctions Don’t Work as a Tool of Foreign Policy
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Nov 19, 2025 In a lively debate, Edward Lucas, a columnist specializing in information warfare, argues for the strategic use of targeted sanctions. Tom Keating, a sanctions expert, cites success stories like the Iran deal. Conversely, Ian Proud, a former diplomat, shares firsthand experiences of sanctions failing against Russia. Rebecca Harding, a trade economist, critiques poor strategies that lead to economic fallout. The discussion also delves into the complexities of measuring sanctions' effectiveness and their unintended consequences on ordinary citizens.
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Personal Sanctions Produce Immediate Change
- Tom Keatinge recounts being personally sanctioned by Russia and losing travel access as behaviour change.
- He uses that personal example to show sanctions can change individual actions.
Freezing Central Bank Reserves Matters
- Tom Keatinge points to frozen central-bank reserves as direct, measurable effects of sanctions.
- He cites $300 billion immobilised from Russia in 2022 as evidence of financial leverage.
Effectiveness Requires Clear Policy Goals
- Rebecca Harding defines 'effective' as achieving stated foreign-policy goals and finds many sanctions fail that test.
- She warns sanctions weaponise trade and drive long-term economic rearrangement and circumvention.






