Tag Archives: Executive Order

Obama Administration Responds to Russian Hacking With Enhanced Cyber-Related Sanctions

On 28 December 2016, the US President issued Executive Order (EO) 13757 to amend a 2015 EO authorising the US Treasury Department’s Office of Foreign Assets Control (OFAC) to impose sanctions for significant malicious cyber-enabled activities. Intended to address alleged Russian tampering in the US elections, EO 13575 expands the scope of the 2015 EO … Continue Reading

Trump Executive Order Withdraws US from Trans-Pacific Partnership (TPP); Action on NAFTA Renegotiation Expected

Following through on one of his campaign promises, on Monday, January 23, President Donald Trump signed a memorandum formally withdrawing the United States from the Trans-Pacific Partnership (TPP) agreement. It is anticipated that President Trump may issue a separate document regarding the United States’ intent to renegotiate the North American Free Trade Agreement (NAFTA) as early as … Continue Reading

Trade Talk: Week in Review (29 August – 5 September 2016)

The U.S. Congress returns to Washington on Tuesday after a six-week recess.  On Monday, Senate Foreign Relations Committee (SFRC) Chairman Bob Corker (R-Tennessee) issued a statement on the perceived lack of strong U.S. leadership, setting the stage for potentially-increased Republican oversight this fall: Just as we saw our allies in Europe dissing us over the … Continue Reading

Trade Talk Week in Review (4-8 July 2016)

North Korea – New U.S. Sanctions Announced.   On Wednesday, the Obama Administration announced sanctions designations targeting senior North Korean officials, including Kim Jong Un.  The U.S. Department of State issued a report identifying individuals and entities responsible or associated with serious human rights abuses or censorship in North Korea.  In tandem, the U.S. Department of … Continue Reading

US Office of Foreign Assets Control (OFAC) Implements New Economic Sanctions Against Burundi

OFAC has issued new regulations (at 31 C.F.R. Part 554) implementing the President’s Executive Order 13712, of 22 November 2015, imposing sanctions against Burundi. The sanctions consist of measures blocking property and interests in property of persons listed in or designated pursuant to Executive Order 13712, published in the Federal Register and incorporated into OFAC’s Specially Designated Nationals and Blocked … Continue Reading

New Sanctions Against North Korea

South Korea, the EU and US imposed or strengthened sanctions against North Korea in March. South Korea’s sanctions include an asset freeze on, and a restriction on business dealings with, 38 individuals and 24 entities in North Korea alleged to be responsible for the development of weapons of mass destruction. Further sanctions were imposed against two individuals and six … Continue Reading
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