BUSA 356 Chapter Notes - Chapter --: Political Risk Insurance, Export Development Canada, Bilateral Investment Treaty
21 Apr 2016
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Document Summary
Risky business: doing business in near-failed and failed states. Businesses are rightly concerned about their investments in such countries and their ability to access assets and funds in these states. In 2011, canada had trade controls and economic sanctions on the following countries: Prohibitions on exports of controlled goods, arms and related goods; Prohibitions on exports of technical, financial or other assistance to persons; Restrictions on dealings with persons (e. g. , leaders, families of leaders, government officials, government departments and institutions, central banks, etc. Restrictions on dealings with property owned or controlled by persons; Prohibitions on facilitating dealings, financial dealings and providing financial assistance or related services to persons; Asset freezes (including bank accounts) that prohibit dealings with specified individuals or persons (wherever the assets are located); Prohibitions on canadian registered ships and aircraft from docking or landing in the country of concern; Prohibitions of ships and aircraft from the country of concern from docking or landing in.
