UPSC-What is Countering America’s Adversaries Through Sanctions Act(CAATSA): U.S.A’s Position on CAATSA

CAATSA is a special law enacted. Its “ultimate aim”, in the words of a senior official of the Ministry of Foreign Affairs, “is to prevent revenue from flowing to the Russian Government.” Toward that end, the sanctions are meant to prevent “significant transactions,” a term that laws have been left undefined. However, in announcing sanctions … Read more