Uncertain times ahead for sanctions

Daniel L. Tannebaum

Journal of Financial Compliance, 2018, vol. 2, issue 1, 60-65

Abstract: In the first half of 2018 updates to the sanctions landscape have made headline news. This paper will first focus on the considerable impact of the Trump Administration’s decision to withdraw from the nuclear agreement with Iran. It will then turn to the current uncertainty regarding a possible sanctions relief on North Korea before examining the impact of the Countering America’s Adversaries Through Sanctions Act (CAATSA) with a particular focus on Russia. Finally, the paper discusses the amendments to the Cuba sanctions policy which are the result of President Trump’s commitment to reverse the Obama Administration’s policy of easing sanctions against Cuba. As a result of the uncertainty created by these headlines there has been a noticeable slowdown in deals involving riskier sectors or entities associated with these countries. This paper provides an overview of how uncertainty is affecting the sanctions landscape.

Keywords: sanctions; Iran; Joint Comprehensive Plan of Action (JCPOA); North Korea; Cuba; Russia (search for similar items in EconPapers)
JEL-codes: E5 G2 K2 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jfc000:y:2018:v:2:i:1:p:60-65

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