OFAC to Implement Burundi Sanctions
The Office of Foreign Assets Control will on April 6 implement sanctions against individuals contributing to unrest in Burundi, which President Barack Obama announced in a Nov. 22 executive order (see 1511270021), OFAC said (here). The sanctions block U.S. property…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
and interests of sanctioned individuals as well as property and interests that come into the U.S. Obama on Dec. 21 announced Burundi’s removal from the African Growth and Opportunity Act list (see 1511270021). OFAC is publishing the regulations in abbreviated form to provide “immediate guidance to the public,” and will eventually publish a more comprehensive set of regulations, which may include additional general licenses and statements of licensing policy, OFAC said.