Sanctions & Embargos - Canada and Iran

What is a sanction?

• Sanctions can be described as capital punishment
• A sanction is a threatened penalty by the government
• a sanction can be placed for disobeying a law
• ex. Nazism in Germany
• Illegal for germans and jews to interact and death could be a penalty. 

What is an embargo?

• an official ban on trade or other commercial activity with a particular country.
• Embargo's do not encourage globalization.
• Instead of making the world into one market, embargo's do the opposite.
• Embargo's affects bussinesses which import/export to different countries.

Canada and Iran: Sanctions and Embargos

• Canada imposes a complete ban on imports/exports to and from Iran
• Certain exemptions - (goods allowed to trade) :
• technology used to purify water for civilian and public health purposes.
• communication technologies which contribute to internet freedom
• ex. smartphones

Reasons for Sanctions/Embargos

• A sanction which allows no trade with UN countries and Iran was placed.
• Canada and United States created the sanction.
• Sanctions were imposed because Iran was violating international obligations
• Stephen Harper said," In response to Iran’s continued illicit nuclear activities,
• U.S. and Canada have imposed sanctions to prevent nuclear enrichment"

A word from our prime minister

• http://online.wsj.com/articles/SB10001424127887324866904578513442435665794
• The article explains the measures taken against Iran in 2013.
• The trade sanctions were put in place to prevent nuclear weapons from
• getting into the wrong hands. ex. rebel forces (Taliban) , [Stephen Harper-
• "Iran is going against agreements with the IAEA which is rising questions"

What are nuclear weapons capable of?

• An example would be Hiroshima in Japan
• http://www.youtube.com/watch?v=11e8XyUBqRQ
• As you can see in the video, nuclear technology is capable of destroying 
• large masses of land
• Fun Fact: it takes about 3 Hydrogen bombs to blow up the Earth! 

Effects On Globalization

• Decreases rate of globalization
• Eliminates Iran's international trade with north american countries
• Decrease of International Business in Iran decreases Iran's economy
• Job's will be eliminated due and poverty will become more present in Iran
• Lack of Infastructure - (no branch plants)

Thank you for listening to our presentation!