Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.
Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William
Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com
Types of sanctions and embargoes
When a sanction or embargo is set, the UK follows international procedure to put it in place in British law. This page explains how the procedure works, how traders must comply with regulations, and the penalties they face for non-compliance.
The United Nations (UN) Security Council imposes sanctions through Security Council Resolutions. See the page in this guide what are sanctions and embargoes? The European Union (EU) acts on these by adopting a Common Position and where appropriate, an EU regulation directly applicable to member states is introduced. Where sanctions and embargo measures require more than administrative action to implement them, the UK introduces new or amends existing secondary licensing and enforcement legislation.
The most frequently applied measures are:
1. embargoes on exporting or supplying arms and associated technical assistance, training and financing
2. a ban on exporting equipment that might be used for internal repression
3. asset freezes on individuals in government, government bodies and associated companies, or terrorist groups and individuals associated with those groups
4. travel bans on named individuals
5. bans on imports of raw materials or goods from the sanctions target
Other measures may be applied according to individual circumstances.
Arms embargoes are imposed by the UN and EU on "arms and related material", ie military ammunition, weapons and goods. The UK interprets this as covering all goods and technologies on the Military List.
Controls on the supply of military items between another third country and the sanctions target (trafficking and brokering) also apply.
Targeting sanctions
All sanctions and embargo regimes are targeted. A 'targeted' restriction is focused on individual people or organisations. In some cases, a comprehensive restriction is put in place against a particular country's regime, as imposed in the past. In previous cases, sanctions have banned the supply of petroleum and petroleum products and transport equipment.
