U.S. regulations implementing executive order, Ethiopia sanctions regulations

OFAC intends to supplement the regulations with a more comprehensive set of regulations.

Ethiopia sanctions regulations

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) today released for publication in the Federal Register a final rule adding regulations to implement an executive order concerning Ethiopia sanctions regulations.

According to the final rule [PDF 339 KB], OFAC intends to supplement the regulations with a more comprehensive set of regulations, which may include additional interpretive guidance and definitions, general licenses, and other regulatory provisions.

Summary

  • The president in September 2021 issued Executive Order (E.O.) 14046, “Imposing Sanctions on Certain Persons With Respect to the Humanitarian and Human Rights Crisis in Ethiopia.”
  • In E.O. 14046, the president found that the situation in and in relation to northern Ethiopia—which has been marked by activities that threaten the peace, security, and stability of Ethiopia and the greater Horn of Africa region—constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and declared a national emergency to deal with that threat.  
  • OFAC is issuing these regulations to implement E.O. 14046 (which appears in appendix A of the regulations).
  • Additionally, OFAC is incorporating three general licenses that were previously issued on OFAC’s website into the regulations.
  • The regulations are being published in abbreviated form at this time for the purpose of providing immediate guidance to the public.
  • OFAC intends to supplement these regulations with a more comprehensive set of regulations that may include additional interpretive guidance and definitions, general licenses, and other regulatory provisions. 


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