"International sanctions" refers to actions taken by multiple countries to restrict or punish another country for its actions, such as violating international laws or engaging in harmful behaviors. These actions typically involve imposing economic, trade, or political measures like trade restrictions, asset freezes, or travel bans to put pressure on the targeted country to change its behavior.
Full definition
The country was the world's No. 2 producer before it was effectively barred from the global market
by international sanctions a few years ago.
This priority is more important when the country is increasingly put
under international sanctions and isolated from regional and international counterparts.
Just last week, it
ignored international sanctions when it launched a rocket, part of the country's long - term nuclear strategy and ever - present policy of maintaining a strong military.
Subsequent to the lifting of
international sanctions on Iran, the nation is boosting production at least twofold to four, perhaps even five MMPD.
Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January, 2016
when international sanctions against Tehran were lifted...
And
with international sanctions against Iran about to be lifted — in exchange for an agreement to halt its nuclear program — the country has promised to increase its own production from 3.3 million barrels a day to as many as 4 million barrels a day by the end of 2016.
The 2015 nuclear deal between Iran and six world powers - the US, Russia, China, the UK, France and Germany - lifted international sanctions on Iran's economy, including those on oil, trade and banking sectors.
The 2015 agreement limited Iran's enrichment of uranium for nuclear fuel to help ensure it could not be turned to developing bomb material, and Tehran secured a removal of most
international sanctions in return.
Tough international sanctions including travel restrictions and a ban on the sale of luxury goods and sports gear have complicated South Korean Olympic organisers» efforts to provide their northern neighbors with the same benefits available to other Olympians.
U.S. crude futures dipped below $ 28.50, while the international benchmark Brent fell as far as $ 27.79 a barrel after reports that Iran had offered sharp discounts to customers in Europe and Asia to find buyers for millions of barrels of oil in storage that it is now free to sell, after the lifting of
most international sanctions on it at the weekend.
Diplomats and intelligence experts, however, have refuted the idea that these documents prove anything beyond what they already knew when the deal was signed — that Iran certainly did pursue nuclear arms development, which then led to
stringent international sanctions and ultimately the negotiation for a deal.
Shadow foreign secretary William Hague said: «We have called for many months
for international sanctions targeted at investment in Iranian oil and gas, and its financial sector.
Given the imposition of
harsh international sanctions against North Korea by the US government and the financial instability of the North Korean regime, FireEye researchers wrote that North Korean hackers have had many incentives to target South Korean exchanges.
The South American country has under
heavy international sanctions due human rights abuse and corruption and, thanks to extreme hyperinflation, the bolivar has lost 97 %
The South American country has under heavy
international sanctions due human rights abuse and corruption and, thanks to extreme hyperinflation, the bolivar has lost 97 % of its value against the US dollar.
Whatever negative
effects international sanctions may be causing some members of the Russian fashion industry, others believe that a few positive developments may never have happened if it weren't for the pressure they have exerted.
With weak oil prices and
international sanctions crushing Russia's economy, «Putin has little else to offer to the public besides the classic narratives of Russia as a besieged fortress surrounded by enemies,» Borschevskaya said.
At the same time, Trump has said he wants to «make good deals» with Russia in order to reduce
current international sanctions on the latter for its annexation of Crimea.
For now, the idea seems most popular among autocrats looking to evade or
undercut international sanctions that are enforced, in part, through the global banking system.
The movement was popular with working class citizens under 25, who have suffered under
international sanctions which have affected Iran's economic growth.
Scenes of Moon and Kim joking and walking together marked a striking contrast to last year's barrage of North Korean missile tests and its largest ever nuclear test that led to
sweeping international sanctions and fears of a fresh conflict on the Korean peninsula.
Geopolitical headwinds now threaten continued expansion, including
additional international sanctions and rising tensions between the country and North Atlantic Treaty Organization (NATO) ally nations.
The Islamic republic is still suffering
from international sanctions that affect several of its economic sectors, including finance, energy, and the shipping industry.
Providing much needed insight on Russia's global trading market and developments
surrounding international sanctions, the conference will include contributions from Russia's leading corporates, financiers, insurers, public bodies and all supporting sectors involved in international trade finance.
Meanwhile, it exposed in painful detail the incapacities and corruptions of the United Nations, which turned out to be an accomplice, witting or not, in Saddam Hussein's efforts to
escape international sanctions and recommence his quest for regional hegemony.
By
removing international sanctions on Iran, it makes it appear that the international community at least tacitly accepts an Iranian nuclear program to these countries, and they no longer believe that they have the support of the U.S. and will develop nuclear weapons on their own, regardless of security guarantees made to them.
Continuation of
international sanction also seems a poor option, as previous sets of sanctions have not curbed Pyongyang's nuclear programme.
International observers said the shipments represented attempts to bolster outlawed weapons programmes in both countries and deepen a decades - long alliance in defiance of
rigid international sanctions.
«It took years of
coordinated international sanctions coupled with diplomacy to reach this accord and it is a mistake to think we can simply restart this process with a clean slate.»
At a hearing last week, supporters of lifting the ban said the move is needed to help Libya rebuild global ties after decades of
international sanctions during the dictatorship of Muammar Gaddafi.