Financial Crime World

Croatia Struggles to Comply with International Sanctions

As a member state of the European Union (EU), Croatia has been obligated to implement restrictive measures aimed at changing activities or policies that violate human rights, democratic principles, and international law. However, the country has faced increasing pressure to comply with international sanctions imposed by the EU and the United Nations Security Council.

Background

The EU’s Common Foreign and Security Policy (CFSP) uses sanctions to protect common values, fundamental interests, independence, and integrity of the Union. The policy also aims to strengthen security, maintain peace, and promote international cooperation. As a result, the EU has imposed restrictive measures on approximately 35 countries, regimes, and terrorist organizations, including Russia, Belarus, Iran, and North Korea.

Croatia’s Law on Restrictive Measures

The Republic of Croatia has its own Law on Restrictive Measures, which outlines the procedure for applying EU-imposed sanctions. The law requires all natural and legal persons, state administrative bodies, and other subjects to comply with its provisions and regulations. To ensure compliance, Croatia’s Ministry of Foreign and European Affairs has set up a dedicated unit to handle inquiries and provide information on sanctions regimes and restrictive measures.

Challenges in Compliance

Despite the efforts of the Croatian government, compliance with international sanctions has been a challenge. The country is facing increasing pressure from the EU and the UN Security Council to implement stricter measures against countries that violate human rights and international law.

  • New geopolitical security-related circumstances have led to an increase in the use of sanctions by the EU.
  • Tensions around the world are escalating, making it likely that the trend of increased sanction use will continue.

Conclusion

The Republic of Croatia is struggling to comply with international sanctions imposed by the EU and the UN Security Council. While the country has its own law on restrictive measures in place, compliance remains a challenge. As tensions around the world escalate, it is likely that the EU will continue to impose stricter sanctions, placing greater pressure on Croatia to comply.