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With reference to the Countering America’s Adversaries Through Sanctions Act (CAATSA), consider the following statements:
1. In August 2017, President Donald Trump signed into law which specifically targets Russia, Iran, and North Korea, known as CAATSA.
2. The act empowers the US President to impose at least five of 12 listed sanctions on persons engaged in a “significant transaction” with the Russian defence and intelligence sectors.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the Countering America’s Adversaries Through S...
The US House of Representatives approved legislation recommending an India-specific waiver for the Countering America’s Adversaries Through Sanctions Act (CAATSA).
Countering America’s Adversaries Through Sanctions Act (CAATSA)
  • In August 2017, President Donald Trump signed into law which specifically targets Russia, Iran, and North Korea, known as CAATSA.
  • The act empowers the US President to impose at least five of 12 listed sanctions — enumerated in Section 235 — on persons engaged in a “significant transaction” with the Russian defence and intelligence sectors.
  • Basically, this law was meant to punish countries having deep engagements with Russia, North Korea, and Iran using economic sanctions.
Hence both statements are correct.
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With reference to the Countering America’s Adversaries Through Sanctions Act (CAATSA), consider the following statements:1. In August 2017, President Donald Trump signed into lawwhich specifically targets Russia, Iran, and North Korea, known as CAATSA.2. The act empowers the US President toimpose at least five of 12 listed sanctions on persons engaged in a“significant transaction”with the Russian defence and intelligence sectors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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