Economic sanctions in international arbitration
Date
2018
Authors
Vasylieva, Anastasiia
Journal Title
Journal ISSN
Volume Title
Publisher
Riga Graduate School of Law
Abstract
Historically, economic sanctions, as options of foreign policy, are aimed on changing the behavior of the target state and its regime. In a very extreme situation, economic sanctions can be used in a comprehensive manner, which means prohibiting all kinds of financial transactions with the sanctioned state. The aforesaid policy necessarily constitutes a significant influence on the commercial relations between individuals within a sanctioned state and their international contractual relations. The imposed sanctions can cause obstacles for performing contractual obligations, s can lead to the disputes in international arbitration. Nowadays, the issue of sanctions in international arbitration has attracted a wide interest because of the recently established sanction regimes.
The research is performed in the scope of international investment arbitration and international commercial arbitration.
Description
Keywords
Research Subject Categories::LAW/JURISPRUDENCE::Procedural law::Arbitration , International investment arbitration , International commercial arbitration , Economic sanctions