Taking Additional Steps With Respect to the Situation in the Western Balkans
Headline: Blocks Property of Individuals Threatening Stability in Western Balkans
What it does: The Treasury Secretary, with input from the Secretary of State, must block U.S. property and interests of persons involved in threats, corruption, or rights abuses in the Western Balkans.
- Freezes assets in the United States of designated individuals and entities.
- Covers spouses, adult children, supporters, and companies they own or control.
- Targets those who threaten peace, undermine democracy, or commit corruption.
Summary
This executive order updates and expands U.S. sanctions tied to the Western Balkans by replacing a prior section and broadening who may have property blocked. It applies to property in the United States, property coming into the United States, and property controlled by U.S. persons.
It allows the Treasury Secretary, consulting the Secretary of State, to block property of people responsible for threats to peace, undermining democratic institutions, violating agreements, serious human-rights abuses, or corruption, and extends to their family, supporters, and controlled entities to protect regional stability and enforce U.S. sanctions.
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