Steps to Modernize Sanctions 1. Adopting a structured policy framework that links sanctions to a clear policy objective Economic and financial sanctions should be tied to clear, discrete objectives that are consistent with relevant Presidential guidance—such as countering forces that fuel regional conflict, ending support to a specific violent organization […]
THE TREASURY 2021 SANCTIONS REVIEW After the September 11, 2001 attacks, economic and financial sanctions (“sanctions”) became a tool of first resort to address a range of threats to the national security, foreign policy, and economy of the Unites States. This tool rests on the formidable strength of, and trust […]
PRESS RELEASES U.S. Department of the Treasury Releases Sanctions Review October 18, 2021 Report Emphasizes Need for Continued Multilateral Approach, Structured Policy Framework, and Enhanced Cost Mitigation WASHINGTON – The U.S. Department of the Treasury today released the results of a broad review of the economic and financial sanctions that […]
Additional Licensing OFAC Specific Licenses For prohibited transactions not otherwise authorized by OFAC general licenses, OFAC considers specific license requests on a case-by-case basis and will prioritize license applications, compliance questions, and other requests that may concern internet freedom in Cuba. Consistent with U.S. foreign policy, OFAC has a favorable […]
Provisions That Support Internet Freedom in Cuba OFAC General Licenses OFAC maintains the following general licenses (GLs), exemptions, and frequently asked questions (FAQs) related to the provision of internet-based services in Cuba; these may support the Cuban people’s right to seek, receive, and impart information through safe and secure access […]
Overview The United States stands with the Cuban people in their quest for democracy, human rights, and fundamental freedoms. In July 2021, tens of thousands of Cubans took to the streets to make these demands of their government. In response to these protests, the Cuban regime reacted with violence and […]
PRESS RELEASES Treasury and Commerce Reiterate Commitment to Supporting Internet Freedom in Cuba August 11, 2021 WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Department of Commerce’s Bureau of Industry and Security (BIS) issued a fact sheet underscoring the U.S. government’s commitment to supporting […]
Joint Statement by Secretary of State Antony J. Blinken and Treasury Secretary Janet L. Yellen Welcoming the EU Sanctions Regime on Lebanon MEDIA NOTE OFFICE OF THE SPOKESPERSON JULY 30, 2021Share Begin text: The United States welcomes the EU’s adoption today of a new sanctions regime to promote accountability and […]
Here are the press releases by the State Department: Sanctioning Cuban Security Forces in Response to Violent Repression of Protests PRESS STATEMENT ANTONY J. BLINKEN, SECRETARY OF STATE JULY 22, 2021Share Starting on July 11, tens of thousands of Cubans in dozens of cities and towns throughout their country took […]
STATEMENTS & REMARKS Joint Statement by Secretary Janet L. Yellen and Secretary Antony J. Blinken Commending the United Kingdom’s Anti-Corruption Sanctions July 22, 2021 The United States welcomes the United Kingdom’s announcement today to impose further sanctions under its Global Anti-Corruption Sanctions (GACS) regime, which is designed to fight corruption […]
Mr. Watchlist 