1、EGMONT POLICY BRIEF 276 APRIL 2022 War is an instrument of policy.Those who lose sight of the policy objectives,or keep shifting them,rarely do well in war.The European Union and its Member States(and NATO)are not directly involved in Russias war against Ukraine,but they have unleashed a major geoec
2、onomic offensive in response to Putins geopolitical gambit.They too,therefore,have to define precise objectives,and prepare for the new geoeconomic and geopolitical world that will inevitably result from this war.First,rerouted supply chains will create new challenges and dependencies for the EU.Sec
3、ond,instability in other states,as a consequence of the disruptions in the global economy,may indirectly also affect the EU.Finally,long-term relations with Russia obviously have to be reassessed,but relations with China and the alliance with the US are evolving too.The EU is using its economic clou
4、t in a geoeconomic way:to pursue overall strategic,rather than only economic,objectives.Targeting another great power,Russia,it has never before done so at such a vast scale.This geoeconomic confrontation has major geopolitical consequences.Regardless,therefore,of whether we will eventually see a ne
