A B C D E F G H I J K L M N O P Q R S T U V W Z

Safeguards

Emergency measure taken when increased imports of particular products cause or threaten to cause serious injury to the importing country´s domestic industry. World Trade Organization (WTO) permits two forms of multilateral safeguards: (a) a country´s right to impose temporary import…

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Sanction

An embargo imposed against an individual country by the United Nations -or a group of nations – in an effort tom influence its conduct or its policies. See also embargo.

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Sister company

A sister company is a company with close affiliations to another company with a separate name and personnel. Both companies are owned by the same parent and are considered subsidiaries of the larger company. While some subsidiaries are not closely…

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SMEs

The acronym for small and medium size enterprises. While the definition varies, SMEs are generally considered to be companies that have no more than one-their capital held by a larger company ad have up to 500 employees.

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Smuggling

Conveying goods or persons, without permission, across the borders of a country.

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