Summary: EU Sanctions are restrictive measures against third countries, individuals or entities that are used as a policy tool to support Common Foreign and Security Policy. Specific EU Sanctions are stipulated by the UN Security Council under Chapter VII of the UN Charter. Especially, the sanctions are directed to prevent financing of terrorism and they set obligations for both the public and private sector. Full review and sources files are coded as CORE1025. Source file at: http://eeas.europa.eu/cfsp/sanctions/consol-list/index_en.htm

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Overview: EU Sanctions are restrictive measures against third countries, individuals or entities that are used as a policy tool to support Common Foreign and Security Policy. Specific EU Sanctions are stipulated by the UN Security Council under Chapter VII of the UN Charter. Especially, the sanctions are directed to prevent financing of terrorism and they set obligations for both the public and private sector. The EU assigns particular responsibility to credit and financial institutions, since they financial transactions go through their databases. In addition, sanctions may restrict movement of special goods. Following measures are typical examples of EU Sanctions:

• embargo on arms and related lethal material, dual use equipment or certain raw materials
• ban on exports of equipment for internal repression
• ban on provision of certain services

Cross-references:

European Commission – Restrictive measures in force (Article 215 TFEU) (updated on 2.9.2014). (n.d.). Retrieved from http://eeas.europa.eu/cfsp/sanctions/docs/measures_en.pdf

A Secure Europe in the Better World – European Security Strategy. (2003). Brussels: European Commission. Retrieved from http://www.consilium.europa.eu/uedocs/cmsUpload/78367.pdf

Report on the Implementation of the European Security Strategy – Providing Security in a Changing World. (2008). European Commission.

Full Citation:

Consolidated list of persons, groups and entities subject to EU financial sanctions (31/10/2014). (2014). Retrieved from http://eeas.europa.eu/cfsp/sanctions/consol-list/index_en.htm

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