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Legal prohibitions on dealing with listed people, entities, or jurisdictions. On-chain, this often means frozen addresses.
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Das englische Original lesen →International sanctions are measures that can be used by individual countries or multilateral and regional organizations against other states or organizations. These decisions principally include the temporary imposition on a target of economic, trade, diplomatic, cultural or other restrictions (sanctions measures).
According to Chapter VII of the United Nations Charter, only the UN Security Council has a mandate by the international community to apply sanctions (Article 41) that must be complied with by all UN member states (Article 2,2). They serve as the international community's most powerful peaceful means to prevent threats to international peace and security or to settle them. Sanctions do not include the use of military force. However, if sanctions do not lead to the diplomatic settlement of a conflict, the use of force can be authorized by the Security Council separately under Article 42.
UN sanctions should not be confused with unilateral sanctions that are imposed by individual countries in furtherance of their strategic interests, which is a form of economic warfare. Typically intended as strong economic coercion, measures applied under unilateral sanctions can range between coercive diplomatic efforts, economic warfare, or as preludes to war.
Economic sanctions are distinguished from trade sanctions, which are applied for purely economic reasons, and typically take the form of tariffs or similar measures, rather than bans on trade.
Economic sanctions can range from trade barriers, tariffs, and restrictions on financial transactions to a full naval blockade of the target's ports in an effort to block imported goods. The objective of the sanctioning country is to impose significant costs on the target country to coerce a policy change or attain a specific action from the target government. However, the effectiveness of economic sanctions has been challenged, as some believe their harsh impacts can cause more harm to the general population than to the target regimes they are designed to hurt.
Diplomatic sanctions are political measures taken to express disapproval or displeasure at a certain action through diplomatic and political means, rather than affecting economic or military relations. Measures include limitations or cancellations of high-level government visits or expelling or withdrawing diplomatic missions or staff.
Similarly, military sanctions can range from carefully targeted military strikes to degrade a nation's conventional or non-conventional capabilities, to the less aggressive form of an arms embargo to cut off supplies of arms or dual-use items.
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