Revocation of Executive Orders 13574, 13590, 13622, and 13645 With Respect to Iran, Amendment of Executive Order 13628 With Respect to Iran, and Provision of Implementation Authorities for Aspects of Certain Statutory Sanctions Outside the Scope of U.S. Commitments Under the Joint Comprehensive Plan of Action of July 14, 2015
Headline: Revokes Iran Sanctions Orders and Provides Sanctions Authorities
What it does: Agencies must implement the order's sanctions measures, including blocking property, restricting transactions, and enforcing entry suspensions as directed by Treasury and State.
- Blocks property and freezes assets of designated persons and entities.
- Prohibits certain U.S. financial transactions and limits large loans.
- Suspends U.S. entry for individuals meeting the order's sanctions criteria.
Summary
This order revokes four prior Iran-related executive orders, amends another, and authorizes officials to implement certain statutory sanctions that fall outside the nuclear agreement's scope.
It directs the Secretary of the Treasury, working with the Secretary of State, to block property, restrict financial transactions, and impose other penalties on persons who provide significant support to targeted Iranian activities. The order also prohibits donations to blocked persons and suspends entry into the United States for individuals meeting its criteria.
These steps are meant to implement U.S. commitments under the July 14, 2015 nuclear agreement while preserving other emergency authorities.
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