Prohibiting Transactions With Terrorists Who Threaten To Disrupt the Middle East Peace Process
Blocks Property and Bans Transactions with Terrorists Threatening Middle East Peace
What it does
Agencies must block property of designated terrorists and prohibit United States persons from transacting with them.
Real-world impact
- Freezes assets of persons listed in the order's Annex.
- Prevents donations and other transactions by United States persons.
- Requires Treasury and other agencies to enforce and coordinate with the Federal Bureau of Investigation.
Topics
Summary
This order declares a national emergency because violent acts by foreign terrorists threaten to disrupt the Middle East peace process and orders that their property be blocked. It prohibits United States persons and transactions within the United States involving property or interests of designated terrorists, those who support them, or entities they control.
The Secretary of the Treasury may issue rules and work with the Secretary of State and the Attorney General, and investigations must be coordinated with the Federal Bureau of Investigation to protect national security, foreign policy, and the economy.
Questions, answered
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