Aug 13, 2024 · Trade sanctions are restrictions on trade with a country for reasons of foreign policy. Trade sanctions can be imposed to alter objectionable policies or to punish them.

Jan 24, 2025 · Specially Designated Nationals and Blocked Persons list ("SDN List") and all other sanctions lists administered by OFAC, including the Foreign Sanctions Evaders List, the Non-SDN Iran Sanctions Act List, the Sectoral Sanctions Identifications List, the List of Foreign Financial Institutions Subject to Correspondent Account or Payable-Through Acc...

Feb 25, 2022 · OFAC administers a number of different sanctions programs. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals.

Jun 24, 2024 · Economic sanctions are defined as the withdrawal of customary trade and financial relations for foreign- and security-policy purposes.

Primary sanctions include international trade restrictions (e.g., trade embargoes and restrictions on particular exports to or imports from the target), financial sanctions (e.g., blocking of foreign assets or denial of foreign assistance, loans, and investments), and other prohibitions on economic transactions with the target.

Sep 10, 2002 · OFAC sanctions take various forms, from blocking the property of specific individuals and entities to broadly prohibiting transactions involving an entire country or geographic region, such as through a trade embargo or prohibitions related to particular sectors of a country’s economy.

The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals. Read more information about OFAC's Sanctions Programs: Russia-related Sanctions; Iran Sanctions; North Korea Sanctions; Cuba Sanctions; Counter Narcotics Sanctions; Cyber-related ...

Jan 10, 2025 · New energy sector determination targets Russia’s primary revenue source with sanctions against Gazprom Neft and Surgutneftegas, more than 180 vessels, and dozens of oil traders, oilfield service providers, insurance companies, and energy officialsWASHINGTON — Today, the U.S. Department of the Treasury took sweeping action to fulfill the G7 commitment to reduce Russian revenues from energy ...

Aug 30, 2024 · Economic sanctions include travel bans, export restrictions, trade embargoes, and asset seizures. Economic sanctions are viewed as a policy tool short of military force. They're widely...

United States sanctions are financial and trade restrictions imposed against individuals, entities, and jurisdictions whose actions contradict U.S. foreign policy or national security goals. Financial sanctions are primarily administered by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), while export controls are primarily administered by the U.S. Department of ...