Imposing Sanctions With Respect to Additional Sectors of Iran

Key claim: Executive Order 13902, signed by President Trump on January 10, 2020, expands U.S. sanctions on Iran by blocking property of persons operating in additional Iranian economic sectors such as construction, mining, manufacturing, and textiles, while authorizing the Treasury Secretary to designate further sectors. It also authorizes sanctions on foreign financial institutions facilitating related transactions and suspends U.S. entry of certain aliens tied to those activities. The order takes additional steps with respect to the national emergency declared in Executive Order 12957.

Abstract

Presidential Documents 2003 Federal Register Vol. 85, No. 9 Tuesday, January 14, 2020 Title 3— The President Executive Order 13902 of January 10, 2020 Imposing Sanctions With Respect to Additional Sectors of Iran By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emer- gencies Act (50 U.S.C. 1601 et seq.) (NEA), section 212(f) of the Immigration and Nationality Act of 1952 (8 U.S.C. 1182(f)), and section 301 of title 3, United States Code, I, DONALD J. TRUMP, President of the United States of America, find that Iran continues to be the world’s leading sponsor of terrorism and that Iran has threatened United States military assets and civilians through the use of military force and support to Iranian-backed militia groups. It remains the policy of the United States to deny Iran all paths to a nuclear weapon and intercontinental ballistic missiles, and to counter the totality of Iran’s malign influence in the region. In furtherance of these objectives, it is the policy of the United States to deny the Iranian government revenues, including revenues derived from the export of products from key sectors of Iran’s economy, that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence. In light of these findings and in order to take further steps with respect to the national emergency declared in Executive Order 12957 of March 15, 1995, I hereby order: Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in: any person determined by the Secretary of the Treasury, in consultation with the Secretary of State: (i) to operate in the construction, mining, manufacturing, or textiles sectors of the Iranian economy, or any other sector of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State; (ii) to have knowingly engaged, on or after the date of this order, in a significant transaction for the sale, supply, or transfer to or from Iran of significant goods or services used in connection

Why this matters

Executive Order 13902, signed by President Trump on January 10, 2020, expands U.S. sanctions on Iran by blocking property of persons operating in additional Iranian economic sectors such as construction, mining, manufacturing, and textiles, while authorizing the Treasury Secretary to designate further sectors. It also authorizes sanctions on foreign financial institutions facilitating related transactions and suspends U.S. entry of certain aliens tied to those activities. The order takes additional steps with respect to the national emergency declared in Executive Order 12957.

Source

Link