OFAC to Implement Burundi Sanctions
The Office of Foreign Assets Control will on April 6 implement sanctions against individuals contributing to unrest in Burundi, which President Barack Obama announced in a Nov. 22 executive order (see 1511270021), OFAC said (here). The sanctions block U.S. property…
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and interests of sanctioned individuals as well as property and interests that come into the U.S. Obama on Dec. 21 announced Burundi’s removal from the African Growth and Opportunity Act list (see 1511270021). OFAC is publishing the regulations in abbreviated form to provide “immediate guidance to the public,” and will eventually publish a more comprehensive set of regulations, which may include additional general licenses and statements of licensing policy, OFAC said.