Blocking Property and Prohibiting Certain Transactions Related to Burma
Headline: Blocks Property and Prohibits Transactions Related to Burma
What it does: Agencies must take appropriate measures within their authority to implement the order's blocking and transaction prohibitions.
- Freezes property and financial assets of listed persons within U.S. jurisdiction.
- Prohibits U.S. persons from transferring, paying, exporting, or dealing in blocked assets.
- Bans donations benefiting blocked individuals and allows listings without prior notice.
Summary
This order blocks property and related interests in the United States of people listed in its Annex and of others tied to the Government of Burma. It forbids transfer, payment, export, withdrawal, or other dealing in that property.
It covers property that is in the United States, comes into U.S. control, or is held by U.S. persons, and it bans donations that would benefit blocked people.
The Treasury Secretary, after consulting the Secretary of State, may issue rules, add or remove people from the list, and direct agencies to enforce the order to respond to Burma's repression.
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