South Centre Report – UCMs Overcompliance Consultation, January 2025
Combatting overcompliance with unilateral coercive measures – Discussions from South Centre Consultation
By Yuefen Li and Danish
In view of the severe negative impacts of unilateral coercive measures (UCMs) on targeted countries and the international community, and at the request of South Centre Member States, the South Centre organized a meeting on 18 November 2024 with the participation of senior diplomats from a number of developing countries, several of whom have been targeted by UCMs. The meeting focused on the trends and main drivers of overcompliance with UCMs among multinational firms and financial institutions, and the strategies that can be employed to mitigate overcompliance, especially in relation to humanitarian exemptions.
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This article was tagged: Human Rights, Overcompliance, Unilateral Coercive Measures
