Source: European Central Bank (video statements)
This panel tackles the intricate challenges posed by sanctions and tariffs in the realm of international cooperation, also exploring how these instruments contribute to geoeconomic fragmentation. It will debate the boundaries and implications of the national security exception in economic public international law, e.g. under WTO law. What is the assessment and classification of the so-called ‘monetary tariffs’ under international and EU law?
The panel will further investigate the extent to which the theory of countermeasures under public international law may legitimise economic sanctions. Additionally, the role and function of blocking statutes in both the EU and the US will be explored, highlighting their significance in countering the extraterritorial effects of foreign sanctions.
Panellists:
• Christoph Herrmann, Professor, Universität Passau
• Frank Hoffmeister, Director of Legal Department, European External Action Service
• Laila Medina, Advocate General, Court of Justice of the European Union
Chair: Juliane Kokott, Advocate General, Court of Justice of the European Union
Watch other sessions from the 2025 ECB Legal Conference “Building Europe’s Autonomy: Law, Institutions, Cooperation”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZm3BYRQdFyj1vvCrJfZ-mrM
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250901_7th_ECB_legal_conference.de.html