THE CRANS MONTANA FORUM WAS BORN IN THE MOUNTAINS OF VALAIS TO ADDRESS THE NEW WORLD CHALLENGES
HOW CAN WE MANAGE OUR WORLD
BECOMING A WORLD OF SANCTIONS AND EXTRA-TERRITORIALITY ?
Special Programme
On the occasion of the 30th Annual Session of the Crans Montana Forum held in Geneva (Switzerland) from June 26 to 29,
2019, a special Programme was dedicated to the revolution in
the World of politics and business. This Session focused on American
and EU sanctions and their impact on international relations, business and
trade.
Among
the topics on the agenda :
- Sanctions have serious humanitarian consequences as they impact first and foremost the most vulnerable parts of the population
- In the long term, prohibitions to invest in certain countries damage economic operators in the sanctioning country, for the only benefit of their competitors
- Sanctions can be imposed by one state (bilateral) or by several (multilateral) - they now target major powers !
- The United States impose the effects of its sanctions upon all stakeholders with US interests, by imposing the extraterritorial application of US laws
« Back
