Sanctions
Also called: restrictive measures · yaptırımlar
Measures adopted by states or the UN to influence or constrain specific countries, entities or individuals, including asset freezes, import and export bans, financial restrictions and travel bans. The EU, UK and US each have their own regimes, which overlap but are not identical.
In practice
Sanctions apply to the parties as well as the goods, so a lawful product can still be prohibited because of who ultimately receives it.
EU
Türkiye
USA
UKRelated terms
- Embargo
- A broad ban on trade with a particular country or on specific categories of goods, such as an arms embargo. It is a type of sanction and may be…
- OFAC SDN List
- A list published by the US Treasury's Office of Foreign Assets Control of individuals and entities whose assets are blocked and with whom US persons…
- Restricted party screening
- Checking customers, suppliers, carriers and other parties to a transaction against official lists of sanctioned, denied or restricted persons, such…
- Export controls
- Laws that restrict the export, transfer, brokering and transit of military items, dual-use goods and technology, and sometimes other strategic goods,…
- MASAK
- Türkiye's financial intelligence unit, under the Ministry of Treasury and Finance, responsible for combating money laundering and terrorist…