Towards a Definition of Economic Sanctions
(revised version 2003)
(…) We suggest that economic sanctions be defined as
Coordinated restrictions on trade and/or financial transactions intended to impair economic life within a given territory.
The above definition is independent of the question whether economic sanctions are lawful or unlawful, ethical or unethical. It does not require that the ultimate purpose of the measures be determined and applies to any authors, be they private entities, a state or an international organisation. (…)
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