Blocking Property of Certain Persons and Prohibiting the Importation of Certain Goods from Liberia
Blocks Property and Bans Liberian Timber Imports from Certain Persons
What it does
Agencies must block property of listed persons and prohibit importation of Liberian round logs and timber products, and take measures to enforce these sanctions.
Real-world impact
- Freezes assets of listed individuals and related businesses in the United States.
- Bans importation of Liberian round logs and timber products into the United States.
- Prohibits donations, transactions, or conspiracies that benefit blocked persons.
Topics
Summary
This order blocks the property and interests of certain named persons and others tied to former Liberian President Charles Taylor, and it bans the importation of round logs and timber products originating in Liberia. It also prohibits donations, transactions, or conspiracies that benefit those blocked and forbids efforts to evade these prohibitions.
The restrictions apply to listed individuals, their family members, close allies, entities they own or control, and anyone who assisted in removing or hiding Liberian resources. The Treasury Secretary, with the State Secretary, will implement and enforce the measures.
Questions, answered
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- “What agencies are affected by this order?”
- “How does this order change existing policy?”
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