A type of economic sanction, trade sanctions are implemented to restrict trade activities with certain foreign targets, usually as part of a wider sanctions program intended to achieve political or diplomatic goals. Trade sanctions set out prohibitions that may apply […]
Sanctions
While Turkey has been an ally to Western countries since the mid-20th century, recent geopolitical developments have created tensions with the United States (US), the United Kingdom (UK), and the European Union (EU). Turkey is a member of several global […]
Geopolitical developments in and around Ukraine, including the invasion of Crimea in 2014, have generated a significant amount of international concern in recent years. Many Western governments have responded to these developments by introducing economic sanctions against Russia and Ukraine. […]
Numerous countries have imposed sanctions against Myanmar in response to its government’s violent suppression of pro-democratic movements, institutional corruption, and human rights abuses. Also known as ‘Burma’, Myanmar has struggled with internal conflict since the mid-20th century: after it gained […]
Many Western governments have issued economic sanctions against Russia as a way to address breaches of international law and human rights abuses. Russia has also been sanctioned for its attempts to undermine democratic elections in the United States and in […]
As it seeks to exercise political power on a global scale, China is increasingly using its economic sanctions program to achieve foreign policy and economic objectives. China sanctions activity reflects Beijing’s desire to respond to Western sanctions – in particular […]
The second-largest economy in North America, Canada is a hub for business interests from all over the world and is an influential political power. With that in mind, in order to pursue its political and diplomatic objectives and punish violations […]
Common Challenges Organizations Face when it comes to Global Sanctions Compliance Global sanctions are an indispensable foreign policy tool, helping governments achieve diplomatic and political objectives in every part of the world, and respond to violations of international law, including […]
North Korea & cryptocurrency: What you need to know The Democratic People’s Republic of North Korea (DPRK) has a well-documented history of conducting illegal financial activities in order to circumvent the heavy sanctions that are imposed against its totalitarian government. […]
The EU imposes economic sanctions against foreign governments, organizations, and individuals in order to achieve its foreign policy objectives, protect its security interests, and punish violations of international law, including human rights abuses. In order to record and divulge sanctions […]
Sanctions represent an important tool for governments around the world and are used to achieve foreign policy goals or to punish violations of international law. Sanctions regimes involve the application of economic restrictions against a range of foreign targets, from […]
The European Union deploys sanctions against targets around the world as part of its Common Foreign and Security Policy (CFSP). While sanctions are imposed in order to protect the EU’s security interests, or to address violations of treaty agreements and […]