SANCTIONS, PAST AND PRESENT
By K P Paswan. We hear a lot about political, economic and even social sanctions, being used as lethal weapons against certain nations ruled by belligerents’ autocrats or even democratically elected government. This is the age of globalization; no country is completely self-sufficient. A few countries produce oil and natural gas which is essential for the entire world. US still imports fertilizers from Russia despite of sanctions. A small Qatar is being ruled by an autocrat who thinks himself above the mightiest political figure of this plant and the reason is that Qatar has lot of oil and natural gas. A few countries are known for manufacturing drugs necessary for survival for the human race. These drugs are being sold to all the countries. Previously international trade was being regularized by UNCTADE which has been replaced by the famous or infamous WTO. It is difficult to regularize international trade as the money launderers and smugglers have devised way and mea...