Yermak-McFaul Expert Group on Russian Sanctions

The Yermak-McFaul Expert Group publishes documents, strategies and roadmaps that contain plans and recommendations for sanctions against Russia and Belarus and monitors their effectiveness.

It is led by the Head of the Presidential Office of Ukraine Andrii Yermak and the Director of the Freeman Spogli Institute for International Studies (FSI) Michael McFaul.

The KSE Institute is mandated by the government and Presidential Office of Ukraine to monitor the implementation of sanctions, analyse their effectiveness and prepare other analytical documents on the need to introduce new restrictions on the Russian economy.

The purpose of the Yermak-McFaul Expert Group is to provide a comprehensive list of possible economic and political measures to strengthen the sanctions of the United States, Europe and the world against Russia and Belarus.

Among them are Swedish-American economist and diplomat Andres Oslund, former US Ambassador to Ukraine William B. Taylor Jr., American political sociologist Larry Diamond, American philosopher, political economist and publicist Francis Fukuyama, Honorary President of the Kyiv School of Economics Tymofiy Mylovanov, KSE Institute Head Natalia Shapoval, Director General of Naftogaz of Ukraine Yuriy Vitrenko, former head of Oshchadbank Andriy Pyshnyi, chairman of the economic affairs committee of the Verkhovna Rada of Ukraine Dmytro Natalukha, prominent Ukrainian journalist Serhiy Leshchenko, Ambassador extraordinary and plenipotentiary Oksana Markarova, as well as Russian economists Sergey Aleksashenko and Sergey Guriev.

[31] On June 23, 2022, the Expert Group presented a Roadmap on Financial Sanctions, which provides an analysis of the impact of previously imposed restrictions on the financial system of the Russian Federation, a list of recommendations for increasing pressure on the aggressor state, and a risk card, detailing the implementation of sanction policy.