When Economic Sanctions Lead to Conflict of Laws and Real Risks for Businesses
Year: 2022

The following chapter deals with one of the key mechanisms behind “decoupling”, a term commonly used to explain the effects of different trade and security policy measures leading to the ripping apart of international value chains and the insulating of trade into regional hubs. Economic sanctions imposed by one country often target another country, which in turn will try to block the effects of such sanctions, sometimes by legal measures, resulting in a clear legal clash – a conflict of laws. Bu