Maritime trade needs to monitor rapidly developing sanctions situation

Regulators, geopolitics and sanctions - Hill Dickinson’s Siiri Duddington, Trudie Protopapas and Charlie Fraser examine these complex issues in the context of the recent events in Russia and Ukraine, China’s emerging sanctions programme and the effect these two geopolitical giants have in forming alliances across the globe

Sanctions are a political tool to change the behaviour of target countries, groups or individuals. Accordingly, various governments and international organisations impose bespoke levels of sanctions with the aim of maintaining geopolitical balance, peace and security. For this reason, sanctions are a reflection of the current political climate.