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Terms for subject International law containing secondary | all forms | exact matches only
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secondary sanctionsвторичные санкции (Secondary boycott sanctions are sanctions imposed extraterritorially against particular non-U.S. companies and individuals in response to specified types of activity related to Iran. Secondary boycott sanctions do not involve traditional civil or criminal penalties but instead are measures designed to prevent non-U.S. persons from accessing the U.S. market or conducting business with U.S. persons. In this way, the U.S. "boycotts" these entities based on their involvement with Iran. eg U.S. Expands Secondary Sanctions on Non-U.S. Parties Doing Business with Iran: Sanctions, a mechanism to penalise international legal violations, usually prohibit nationals of the "sanctioning country" from engaging in specified activities with the "targeted country." Secondary or extraterritorial sanctions, on the other hand, penalise third-country individuals and companies for dealing with sanctioned countries. 'More)