Artikel

The export of sanction policies: Extraterritorial sanctions and geopolitical conflict

The geopolitical rivalry between the US and China may spill over to Europe via extraterritorial sanctions. The US-Iran conflict shows that Europe losing access to the US market has been a powerful threat to limit Europe's trade with Iran. US extraterritorial sanctions, seen as a tool to limit Iran's sponsorship of international terrorism, became more attractive as the US became a energy exporter. Countermeasures against extraterritorial sanctions exist but proved largely ineffective in the past. European countries need to invest in strategic sovereignty to prepare for a possible fallout from the US-China geopolitical conflict.

Language
Englisch

Bibliographic citation
Journal: EconPol Forum ; ISSN: 2752-1184 ; Volume: 24 ; Year: 2023 ; Issue: 3 ; Pages: 15-18

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Janeba, Eckhard
Event
Veröffentlichung
(who)
CESifo GmbH
(where)
Munich
(when)
2023

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Janeba, Eckhard
  • CESifo GmbH

Time of origin

  • 2023

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