trade sanctions

There has not been a single UK criminal conviction for violating trade sanctions on Russia, the BBC understands, since Moscow’s full-scale invasion of Ukraine almost three years ago.

But the BBC understands there haven’t been any criminal prosecutions for violating trade sanctions on Russia since February 2022.

“Cultural figures and sports figures saying ‘we're not going there’ counts for much, much more than a threat of trade sanctions or financial penalties.

She also said she did not believe that the trend toward de-globalization was leading to the disintegration of the global economy, but warned that trade sanctions and industrial policies taken by many nations will only lead to lower growth rates — with the primary question being how much.

The term suggests prioritizing building self-reliance in science and technology as China confronts trade sanctions and curbs on access to advanced know-how in computer chips and other areas the U.S. and other countries deem to be national security risks.