Workshop on Third Countries and G7’s Sanctions: Decoupling Risks and Streamlining Compliance - SPIK
STMO hosts workshop on G7 sanctions risks, compliance, and transparency, guiding ASEAN businesses on legal and financial impacts.
G7 sanctions workshop, third countries compliance, STMO Philippines, SPIK, sanctions risks, Sanctions Finder, ethical business, international trade
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G7 sanctions compliance workshop

05 Sep Workshop on Third Countries and G7’s Sanctions: Decoupling Risks and Streamlining Compliance

Posted at 10:22h in 2025 Events, SPIK News by
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The unprecedented G7 Sanctions against Russia, in the wake of the 2022 invasion of Ukraine, have caused considerable headaches for third states wishing to keep economic ties with it, in line with international law. In reply, Bohdan Bernatskyi, Research Fellow at EUI, Founder of Sanctions Finder and Sofia Maksymiv, Senior Analyst at the StateWatch Think Tank, Trap Aggressor project have been invited to present a “virtual workshop” on “Third Countries and G7’s Sanctions: Decoupling Risks and Compliance Streamline” which took place on September 5, 2025 on Zoom.

G7 sanctions compliance workshop

Sponsored by the Strategic Trade and Management Office (STMO), the event was attended by 100 government officials and industry stakeholders including the Samahan sa Pilipinas ng mga Industriyang Kimika (SPIK).

G7 sanctions compliance workshop

The briefing was intended to provide local businesses with the information on the sanctions framework. It examines what happens when sanctions aren’t followed – the legal, financial and reputational impact of not playing by the rules and the role of ethical business in the world economy. In addition, the workshop presented Sanctions Finder, an essential tool in terms of transparency and alignment in line with international sanctions.