According to the legal basis, the ETM can be divided into unilateral ETM and multi-ETM, According to the form of expression it can be divided into environmental standards, environmental duty trade restriction and trade sanction.
In recent days, Germany has signaled its willingness to sign on to a European Union effort to sanction the European-Iranian Trade Bank, or EIH. (A formal designation by the EU is expected on Monday).
FORBES: Germany Gets Serious About Squeezing Iran
2.
And the ultimate sanction under our convention is a trade suspension.