Economic sanctions under international law : trade continuity with special purpose vehicles /

Economic sanctions under international law : trade continuity with special purpose vehicles / edited by P. Sean Morris. - xv, 305 pages ; 24 cm

Includes bibliographical references and index.

PART I. Iran and economic sanctions - general framework. 1. The (il)legality of coercive secondary sanctions: non-compliance mechanisms as legitimate acts of retorsion / 2. Iran's position in the world economy in the era of sanctions / 3. "The economic policeman of the planet": sanctions, US extraterritoriality, and the case of Iran / 4. The true colors of economic sanctions / PART II. The special purpose vehicle experiment in international law. 5. Special purpose vehicles and international trade sanctions / 6. Why INSTEX and not sometihng else? signaling the illegitimacy of US foreign policy and US secondary sanctions / 7. Violation of human rights: failure to revive the JCPOA through special purpose vehicles / 8. The United States' secondary sanctions, public international law, and the European Union - defending European foreign policy with a blunt sword / 9. Certain Iranian assets from a sanctions perspective / PART III. Taming economic sanctions: responses and developments. 10. China's anti-sanctions regime: and initial assessment / 11. Brief legal and doctrinal analysis of the rulings of the arbitrazh courts of the Russian Federation related to the consideration of disputes with sanctioned persons / 12. Financial (secondary) sanctions and the creatşon of a new international payments system / 13. Extraterritorial and secondary sanctions and the problem of overcompliance / 14. International trade sanctions and bilateral agreements: a concluding question on secondary sanctions in light of Russian wartime economic diplomacy / Ben L. Murphy -- Andżelika Kuźnar -- Plavia Canestrini -- Andrés Téllez-Núñez -- Marcin Menkes -- Keith A. Preble -- Zeynab Malakouti Khah -- Patrick C. R. Terry -- Ukri Soirila -- Shen Wei and Zhang Beibei -- Konstantin Branoyitskiy and Arina Sukhova -- Roberto Soprano -- Joy Gordon -- P. Sean Morris.

"The effects of US secondary sanctions are broad and are often designed to cripple the target country's economy and currency. Some states have sought to circumvent these sanctions by setting up a special purpose vehicle to facilitate trade and financial transactions with the sanctioned country on humanitarian grounds. Although the nature of these special purpose vehicles is new and experimental, they are little understood, not least how they operate and function in international law. This volume addresses this gap by identifying and examining some of the legal issues that a special purpose vehicle such as the Instrument in Support of Trade Exchanges (INSTEX) generates. The collection brings together leading legal academics, sanctions practitioners and policy experts to provide an assessment of the special purpose vehicle in the context of secondary sanctions in international law. It will be of interest to researchers and academics in International law, Security law, Economic law and Comparative law"--

9781032554600

2024018241


Sanctions (International law)
Economic sanctions
Economic sanctions, American

KZ6373 / .E26 2025
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