The name given to an agreement announcing four important rules of international law effected between the principal
European powers at the Congress of Paris in 1856. These rules are: (1) Privateering is
and remains abolished; (2) the neutral flag covers enemy’s goods, except contraband of
war; (3) neutral goods, except contraband of war, are not liable to confiscation under a
hostile flag ; (4) blockades, to be binding, must be effective

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