Sanctions: peace, security and human rights
Enrika NaujokÄ—
Director, Lithuanian Customs Practitioners Association
Customs Compliance & Risk Management (CCRM) Journal, Issue 13, February / March 2022
March 06, 2022
en
lt
Adobe Stock
How to stop the war in Ukraine? Countries apply sanctions. Canada cut Russia and Belarus from the Most-Favoured-Nation Tariff treatment. In just one day, the EU released nine decisions and regulations concerning restrictive measures against Russia. Customs in Lithuania extended controls to check whether sanctioned banks were not used for payment. Many businesses, especially SMEs, for the first time, one way or another, have encountered the impact of sanctions. So what are sanctions? What are the related developments in general?
- Topic: restrictions, trade barriers
- Market: Global , Europe
- Copyright of the journal: CC Learning, UAB