economic sanctions
trade restrictions to bring about political changes restrictions on trade with a country in order to influence its political situation or to make its government change its policy
You are here: Home > QFINANCE Dictionary > Definition of economic sanctions
trade restrictions to bring about political changes restrictions on trade with a country in order to influence its political situation or to make its government change its policy
economic activity, and spends about half of its budget on subsidizing basics, including fuel, electricity, bread, and rice. Bordered by Iraq to the west and Afghanistan and Pakistan to the east, Iran is subject to UN, EU, and US sanctions as a result of its nuclear ambitions and as an alleged sponsor
light has been given. The political foundations are in place, a significant portent being the election to parliament in 2012 of Aung San Suu Kyi. This was followed three months later by a far-reaching shift in American policy when the Obama administration lifted nearly all its economic sanctions.
By William Selig
Definitions of ’economic sanctions’ and meaning of ’economic sanctions’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’economic sanctions’ and other financial terms with our online QFINANCE Financial Dictionary.