Obama Keeps Sanctions Authority in Place for DRC Conflict
President Barack Obama extended a national emergency, initially declared in 2006 through Executive Order 13413 (here), that provides the Treasury Department authority to sanction a wide range of individuals involved in ongoing turmoil in the Democratic Republic of the Congo…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
(DRC). Obama notified Congress that the national emergency will be extended, although he did not include an expiration date in that notification. Executive Order 13413 cast a wide net over individuals in the DRC responsible for a number of atrocities, targeting in particular foreign individuals and groups operating in the DRC. The order gave Treasury the right to block the transfer of funds associated with sanctioned individuals or groups that are in the U.S., or in control of a U.S. person, or will be in the future.