Recent United States Trade Restrictions Affecting Trade With Cuba, Iran and Libya--A View From outside the United States
This paper reviews recent United States laws imposing liability on persons trading with Cuba, Iran and Libya. These so-called “extraterritorial” laws affect business activities with no connections to the United States. As a result, they are extremely controversial among America's trading partners, particularly Canada and the European Union (“EU”).
After summarizing the U.S. laws, this paper will outline the debate about their validity under international law. The paper then describes the Canadian and EU laws which attempt to block the impact of the U.S. laws.1 The paper extensively examines numerous practical problems arising out of the conflict between U.S. law and Canadian law.
This content is available from the following sources
Already a Subscriber? Sign In
Over 60 years of scholarship at your fingertips.
Buy the Publication
The book containing this article may be available in hard copy, or the article may be available individually. Please contact the Rocky Mountain Mineral Law Foundation at firstname.lastname@example.org or 303-321-8100.