Blocking statutes
Daniel Ventura
Chapter 48 in Elgar Encyclopedia of International Sanctions, 2025, pp 165-167 from Edward Elgar Publishing
Abstract:
Blocking statutes cannot be considered in isolation from the third-party laws to which they relate. As a reactive strategy against foreign actions deemed to violate state sovereignty, blocking statutes reflect a decisive antagonism among states regarding the acceptability – and the extent of this acceptability – of extraterritorial conduct. In this context, blocking statutes have found a prominent field of application in the realm of international sanctions, particularly unilateral sanctions. While aimed at protecting domestic operators from the undue effects of foreign sanction regimes, their effectiveness remains questionable.
Keywords: Extraterritoriality; Unilateral sanctions; Sovereignty; Economic coercion (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035339525
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