The Predicament and Solutions for Enterprises under U.S.Sanctions and Domestic Blocking Laws
Against the backdrop of the continuous expansion of U.S.sanctions,the establishment of blocking sys-tems has placed enterprises in a dilemma between complying with sanction laws and blocking laws.To protect the interests of enterprises,solutions should be sought from both the perspective of corporate self-improvement and the improvement of the domestic blocking law system.On the corporate side,when facing sanctions,enterprises should strengthen cooperation with other companies and actively seek remedies at both domestic and international levels.Additionally,enterprises should strictly abide by the blocking laws and use them as a legal basis for self-pro-tection.On the national side,to better safeguard the interests of the enterprises and provide more room for survival,the blocking system in China needs further improvement.In issuing prohibitions,beyond passive reporting,the working mechanism should also be granted the power to proactively identify and issue laws that fall within the scope of prohibitions for enterprises'reference.In terms of exemption mechanism and government support,rele-vant substantive and procedural provisions should be implemented,and the standards for penalties that violate the blocking laws should be clarified.Furthermore,recovery litigation under blocking laws should be better integrated with the domestic civil legal system to provide reasonable and legitimate legal grounds for litigation.
unilateral sanctionsblocking lawscorporate dilemmathe United States
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