Sanctions

Sanctions are economic or trade restrictions imposed by governments or international organizations on countries, entities, or individuals, typically in response to human rights abuses, terrorism, or other forms of non-compliance with international law. In the tech community, understanding sanctions is crucial for companies to ensure compliance and avoid severe penalties, reputational damage, or disruptions to their global operations, making it essential for businesses to stay informed about sanction lists, regulations, and their implications on international trade and technology exports.