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The Export of Sanction Policies: Extraterritorial Sanctions and Geopolitical Conflict

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  • Eckhard Janeba

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

Suggested Citation

  • Eckhard Janeba, 2023. "The Export of Sanction Policies: Extraterritorial Sanctions and Geopolitical Conflict," EconPol Forum, CESifo, vol. 24(03), pages 15-18, May.
    • Handle: RePEc:ces:epofor:v:24:y:2023:i:03:p:15-18
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