The number of unilateral economic sanctions of the EU, US and
other countries is considerably growing. As a matter of recent
example, on 7 December 2020 the EU Council adopted Decision
(2020/1999) and Regulation (2020/1998) concerning restrictive
measures against serious human rights violations and abuses, which
will subsequently "simplify" the introduction of certain
types of sanctions in connection with human rights violations1.
Sanctions (restrictive measures) may apply both to government
officials and entities, as well as to private companies.
However, after the introduction of sanctions, counterparties
from the EU and US are still being contracted with sanctioned
companies which have to perform their obligations. In case of
non-performance the sanctioned company is still subject for
judicial enforcement. On the other hand, counterparties from EU and
US often refuse to perform their obligations before sanctioned
companies, as far as the due performance is
