The Export of Sanction Policies: Extraterritorial Sanctions and Geopolitical Conflict

Eckhard Janeba

EconPol Forum, 2023, vol. 24, issue 03, 15-18

Abstract: The geopolitical rivalry between the US and China may spill over to Europe via extraterritorial sanctions The US-Iran conflict shows that Europe losing access to the US market has been a powerful threat to limit Europe’s trade with Iran US extraterritorial sanctions, seen as a tool to limit Iran’s sponsorship of international terrorism, became more attractive as the US became a energy exporter Countermeasures against extraterritorial sanctions exist but proved largely ineffective in the past European countries need to invest in strategic sovereignty to prepare for a possible fallout from the US-China geopolitical conflict

Date: 2023
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