Economic Sanctions | Diplomatic Sanctions | Military Sanctions
What are
Sanctions?
Sanctions
are penalties imposed by a country on any entity which can be a country,
company or an individual.
Why
Sanctions?
The primary
objective of Sanctions is to pressurize the sanctioned or targeted entity
either economically or politically to alter their policies and actions.
What happens
due to that?
The targeted
entity's access to resources is restricted. The supply of financial as well as
technological resources are blocked via sanctions.
What are the
types of Sanctions?
There are
several types of Sanctions, some of which are as follows:
Diplomatic
Sanctions
Under
Diplomatic Sanctions, the diplomatic ties are restricted by limiting high level
government visits or calling off embassy relations.
Economic
Sanctions
Under
Economic Sanctions, trade related restrictions are imposed on the targeted
entity which includes embargoes, tariff and non-tariff barriers on exports and
imports, etc.
Military
Sanctions
Under
Military Sanctions, the purpose is to limit the military procurement and
expansion of the targeted entity by imposing arms embargoes and military
related trade restrictions.
#sanctions #usa #economy #trade #imports #exports #tariff #embargoes
Social Plugin