Embargo Definition

What is Embargo?

An Embargo is a formal ban imposed by a government or a group of countries to restrict trade with a specific nation or the exchange of certain goods within a country. Embargoes can be imposed for various reasons, including political disputes, economic conflicts, or as a form of sanction to influence the policies or actions of the target country. They can impact the availability of goods, disrupt supply chains, and have significant economic implications on both the enforcing and the affected countries.

Quick Real Time contact