Embargo

An embargo (from the Spanish embargo) is the partial or complete prohibition of commerce and trade with a particular country, in order to stop it. Embargoes are considered strong diplomatic measures imposed in an effort, by the imposing country, to elicit a given national-interest result from the country on which it is imposed. Embargoes are similar to economic sanctions and are generally considered legal barriers to trade, not to be confused with blockades, which are often considered to be acts of war.

Embargo may also refer to the practice of blocking fare classes at certain levels, and award availability on airlines. In response to embargoes, an independent economy or autarky often develops in an area subjected to heavy embargo. Effectiveness of embargoes is thus in proportion to the extent and degree of international participation.

Read more about Embargo:  Examples of Embargoes, List of Countries Under Embargo, Former Trade Embargoes

Other articles related to "embargo":

South African Oil Embargo
... The South African oil embargo was introduced on 20 November 1987 when the United Nations General Assembly adopted a voluntary international oil embargo against South Africa in order to put pressure ...
Former Trade Embargoes
... (by UN) North Vietnam (1964–1975) and later Vietnam (1975–1994), trade embargo by the US Republic of Macedonia (by Greece), complete trade embargo (1994-1995) ... Kosovo's unilaterally declared government, since 2011 European Union arms embargo on the People's Republic of China Embargo Act of 1807 Former Yugoslavia Embargo November 21, 1995 Dayton ...
Arms Embargo
... An arms embargo is an embargo that applies to weaponry ... An arms embargo may serve one or more purposes to signal disapproval of behavior by a certain actor, to maintain neutral standing in an ongoing conflict, or to ...
China–European Union Relations - Arms Embargo
... The EU arms embargo on the China was imposed by the EU on the People's Republic of China in response to its suppression of the Tiananmen Square protests of 1989 ... China insists that the embargo be removed, calling it "very puzzling" and amounting to "political discrimination" ... However, the EU is currently not planning to remove the embargo due to the continuing human rights situation in China ...
Lift And Strike (Bosnia) - Background
... The resolution imposed an international arms embargo on all Yugoslav territories, in an effort to prevent escalating violence ... At the time the embargo was imposed, only the Yugoslav National Army (JNA), which was believed to be neutral, had significant supplies of heavy weapons ... Thus, the arms embargo "cemented an imbalance in weaponry" among the sides in the conflict ...

Famous quotes containing the word embargo:

    It took six weeks of debate in the Senate to get the Arms Embargo Law repealed—and we face other delays during the present session because most of the Members of the Congress are thinking in terms of next Autumn’s election. However, that is one of the prices that we who live in democracies have to pay. It is, however, worth paying, if all of us can avoid the type of government under which the unfortunate population of Germany and Russia must exist.
    Franklin D. Roosevelt (1882–1945)