To remove or lift an embargo (a government ban on trade) from a country or product.
From dis- (reversal) + embargo. Embargo comes from Spanish 'embargar' meaning 'to restrain,' ultimately from Latin 'imbarricare.' This word emerged in English in the 17th century when international trade restrictions became common.
When President Obama lifted the embargo on Cuba in 2015 after decades of trade restrictions, he was essentially 'disembargoing' Cuba—a word politicians might use but rarely do!
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