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What does embargo represent?

Business Dec 24, 2020

What does embargo represent?

Expert Solution

Embargoes represent political trade-tools put in place by the European Union and the United Nations. Its primary purpose, as stipulated in the United Nation's charter, is to carry out decisions by the Security Council to restore peace and security on the international levels. The European Union gives these sanctions to implement its CFSP aims and uphold human rights respect, democracy, and the general rule of law. Additionally, the European Union and the United Nations' embargo and sanctions may get implemented by the Organization for Security and Corporations in Europe. They are also capable of imposing the national arms sanctions.

Embargoes and Sanctions also get imposed to ensure that the target country's behavior in its regime may get changed in a direction that may improve the circumstances in the target country. Each ultimate embargo has its reasons; the stipulated restraints have information for that particular sanction. For example, a restriction on exports of specific products could aim to maintain peace in a state.

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