Embargo

What does Embargo mean?

Embargo is a Spanish term that refers to the official prohibition in foreign trade and foreign trade policy to import or export of goods and services to or from a certain country. A distinction is made between the total embargo, the parts embargo and the arms embargo. Total embargoes prohibit any trade with or for the benefit of the addressee. Partial embargoes, on the other hand, only apply to certain economic sectors.

Finally, arms embargoes apply only to ammunition, weapons and armaments. In addition, a distinction is made between embargoes on goods, countries and persons.

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