Sanctions are not a formality, but a tool to end the war, - Braže 0 12

She emphasized that sanctions are a geopolitical issue and at the same time a matter of foreign policy. Braže noted that Latvia's foreign and defense policy is based on three key principles: strengthening the state through investments in defense and security, enhancing the European Union and NATO, and weakening Russia's ability to continue the war in Ukraine.

The minister stressed that sanctions must be applied effectively and continuously adapted to changing conditions. In this regard, the EU collaborates with governments both in Europe and other countries around the world.

Braže also highlighted that at present, no political instrument in Russia is aimed at achieving peace; on the contrary, all levers of power are being used to continue the war. According to her, EU countries should be prepared for a long-term continuation of the sanctions policy, constantly improving and adapting it to maintain its effectiveness.

The minister pointed out that sanctions affect the Russian economy, as well as specific individuals and companies, but this is not enough—additional steps are necessary. Meanwhile, Russia continues a large-scale campaign of disinformation and influence on society, seeking to create the impression that sanctions are ineffective, although their impact is confirmed by a downturn in the Russian economy, she emphasized.

Braže reported that in total, EU sanctions have been applied to more than 2,600 individuals and 560 vessels of the "shadow fleet." She added that work continues to ensure compliance with sanctions in third countries, including China, India, and Central Asian states, so they understand the importance of sanctions against Russia.

The minister emphasized that Latvia is on the external border of the EU and NATO, and this requires a serious approach to the issue of circumventing sanctions. In her opinion, the same sanctions should be applied to Belarus as to Russia, as Belarus supports Russia's military actions in Ukraine.

Braže reminded that Latvia, elected as a non-permanent member of the UN Security Council, intends to raise issues of maritime transport security, where the "shadow fleet" poses serious threats. Attention will also be paid to cryptocurrencies and other instruments used to circumvent sanctions.

It was previously reported that in search of effective solutions for the application of sanctions and to expand dialogue between government institutions, international partners, and the business community, the FSR conference in Riga gathered participants from more than 20 countries.