Question map
The acronym ‘CAATSA’ refers to a piece o legislation enacted by which one of th< following countries?
Explanation
The acronym ‘CAATSA’ stands for the Countering America’s Adversaries Through Sanctions Act, which is a federal law enacted by the United States of America. Signed into law on August 2, 2017, by the President of the United States, this legislation (Public Law 115-44) was passed by the U.S. Congress to impose economic sanctions on Iran, Russia, and North Korea [3]. The act aims to counter perceived aggressions by these foreign powers by preventing U.S. companies and individuals from engaging in business with sanctioned entities. Specifically, Section 231 of the act targets individuals or entities that engage in significant transactions with the defense or intelligence sectors of the Russian Federation [1]. CAATSA has significant implications for international relations, as it allows the U.S. to impose secondary sanctions on third-party countries that conduct major defense deals with the targeted nations.
Sources
- [3] https://congress.gov/115/plaws/publ44/PLAW-115publ44.pdf
- [1] https://www.state.gov/section-231-of-the-countering-americas-adversaries-through-sanctions-act-of-2017