Taking Additional Steps To Address the National Emergency With Respect to the Situation in Nicaragua

2022-10-26Executive Order 14088
Signed by: Joseph R. Biden Jr.
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Headline: New U.S. Sanctions and Trade Limits Target Nicaragua's Economy

What it does: Federal departments must implement expanded sanctions, trade and investment prohibitions and Treasury and Commerce must issue implementing rules and reports.

Real World Impact:
  • Restricts imports from Nicaragua as designated by the Treasury Secretary.
  • Bans new U.S. investment in designated Nicaraguan economic sectors.
  • Allows blocking of individuals, media, and businesses tied to repression.
Topics: sanctions, trade policy, investment restrictions, freedom of expression

Summary

This order expands U.S. actions related to the national emergency in Nicaragua. It adds arrests for exercising free expression, including journalists and media, as grounds for blocking people and property, and expands blocking to those operating in the gold sector or other sectors.

It prohibits certain imports, exports, and new U.S. investments as designated by Treasury, Commerce, and State, authorizes those departments to issue rules and enforce the measures, and requires federal departments to implement them.

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