Economic sanctions refer to the use of non-military coercive measures other than the severance of diplomatic relations. It is generally believed that sanctions in the fields of finance, finance and trade are all economic sanctions. Generally speaking, the common ways include: implementing trade embargo, interrupting economic cooperation, cutting off economic or technical assistance, etc. However, economic sanctions are also a double-edged sword, and sanctions countries will also suffer certain economic losses. Broadly speaking, sanctions such as arms trade are also economic sanctions. In financial management, economic sanctions refer to economic penalties imposed on units or individuals who violate economic laws and regulations in macroeconomic and microeconomic operations.
sanction
1. Measures to control the foreign assets of the sanctioned country, including detaining and freezing its state-owned assets and private property, and confiscating state-owned or private property.
Second, a series of financial and financial sanctions have been taken against the sanctioned country, such as stopping providing loans, restricting or stopping foreign exchange, excluding its business activities in the international financial market, and interfering with the operation of its domestic financial market.
3. To stop economic assistance and cooperation, suspend economic and trade treaties and agreements, stop providing most-favored-nation treatment, partially or completely stop import and export trade, and block trade ports. In international relations, economic sanctions can also be used as a means of revenge.
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