Blocking Property With Respect to Certain Russian Energy Export Pipelines
Blocks Property of Certain Foreign Persons Linked to Russian Pipelines
What it does
Agencies must block and restrict transactions in property of foreign persons identified under PEESA and implement visa, admission, and enforcement measures.
Real-world impact
- Freezes assets of listed foreign persons within U.S. jurisdiction.
- Prohibits U.S. persons from transferring funds, goods, or services to them.
- Imposes visa, admission, and parole restrictions on listed persons.
Topics
Summary
This order blocks the property and interests in property of foreign persons identified by the Secretary of State in a report to Congress under PEESA. It bars assets in the United States, assets that enter the United States, or assets controlled by U.S. persons from being transferred, paid, exported, withdrawn, or otherwise dealt with, and it prohibits contributions to or from listed persons. The order also directs visa and immigration restrictions and authorizes the Treasury to issue rules to enforce these measures in response to a prior national emergency declaration.
Questions, answered
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