Word: embargo
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...States should strongly support Costa Rica's call for a meeting of OAS foreign ministers to consider the coups. Washington should then work, in conjunction with the OAS, toward coordinated policy of non-recognition of the new regimes. The OAS should consider economic sanctions such as trade blockages or embargo, and the United States should strongly favor these measures...
...flurry of edicts, Sukarno cut off all phone, telegraph, postal, airline and shipping links with Malaysia and abruptly halted all Indonesian trade with the federation. The trade embargo was childishly spiteful and totally without logic, for it would do far more damage to Indonesia than to Malaysia. Over 52% of Indonesia's total annual ex ports of $674 million is to the federation, and most of Indonesia's shipping is funneled through Singapore and Penang. Only Singapore has the facilities to process the low grades that make up much of Indonesia's rubber crop...
Blocks in the Road. Most Western experts anticipate that East-West trade will continue to grow but not fast. Total U.S. trade with the East is in fact declining, slumped to $200 million last year. The U.S. embargo on trade with Red China discourages most Western allies from courting Peking too openly, and NATO's embargo on sales of strategic items prevents the Communists from buying the computers, large-diameter pipe and other Western industrial goods that they desire most. Aside from politics, the cold economic reality is that until the Communist nations are able to produce higher quality...
...Africans wanted the Council to order an embargo on arms to Portugal that could be used for "repression of the peoples." Although Washington has already curtailed such arms, the U.S.'s Adlai Stevenson balked, pleaded that the U.N. should stick to persuasion. A watered-down resolution, which passed 8 to 0, "requests" the arms embargo and "urgently calls upon" Lisbon to free its colonies. The U.S. still abstained...
...face of so much opposition, the U.S. last week withdrew a second measure against Castro that it had planned to put before the OAS: a call for an OAS economic embargo on Cuba, restricting all trade and commercial relations. The trade is small in any event -only about $ 1 3 million last year between Castro and the rest of Latin America -and to press ahead now on a ban might cause more divisiveness within the OAS than trouble for Castro...