Sanctions and Export Controlsen
Embargo
Total or partial ban on exporting or importing goods to or from a targeted country.
Embargo
An embargo is a foreign policy measure that totally or partially prohibits trade with a country, region or entity. It is the most severe form of economic sanctions.
Types of embargo
- Total embargo: ban on any commercial transaction
- Arms embargo: ban on the sale of arms and military equipment
- Sectoral embargo: targeting specific sectors (oil, minerals, technologies)
EU embargoes
The EU maintains sanctions regimes (including embargoes) against several countries. The list is regularly updated according to geopolitical developments.
Compliance
Companies should consult the EU sanctions map and applicable regulations before conducting business with a potentially targeted country or entity.