EU: FACING THE CHALLENGE OF US SECONDARY SANCTIONS

global role of the US dollar, and that Europe’s exposure to US secondary sanctions is a major foreign policy challenge for which there is no easy solution.  It says that, although Europe and the US continue to closely co-ordinate their sanctions policies in other situations, disagreements between them – such as on the JCPOA – have led to not only a sharp divergence in their approaches to sanctions but also a clash between their respective foreign policies.  This is seen as particularly important in the “weaponization” of US sanctions.   The report looks at the likely development of secondary sanctions and European vulnerability.

https://www.ecfr.eu/publications/summary/meeting_the_challenge_of_secondary_sanctions

4_Sanctions_2_Sanctions_Losses

 

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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