On January 8, 2018, the Department of the Treasury published a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986).
On December 5, 2017, U.S. Customs and Border Protection (CBP) published in the Federal Register a final rule [CBP Dec. 17–19] that amends the CBP regulations to reflect the imposition of emergency import restrictions on certain archaeological and ethnological materials from Libya.
In recent days, the European Union (“EU“) has implemented measures giving effect to United Nations Security Council (“UNSC“) resolutions targeting Libya’s oil sector. Additionally, the UNSC has recently sanctioned one further entity.
The European Council (the “Council”) today introduced restrictions on the export and supply to Libya of inflatable boats (dinghies) and outboard motors to further disrupt the activity of people smugglers and human traffickers. The restrictions, adopted on 17 July 2017, will allow EU member states to legally prevent the export or supply of these goods to Libya where there are reasonable grounds to believe that they will be used in such activity.
On June 16, 2017, the Department of State published in the Federal Register a notice [Public Notice: 10039] informing the public that Government of Libya has made a request to the Government of the United States under Article 9 of the 1970 UNESCO Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property.
On June 5, 2017, Saudi Arabia and Bahrain followed by the United Arab Emirates, Egypt Yemen, and one of Libya’s interim governments cut diplomatic relations with, and trade ties with Qatar. The UAE issued a statement which said it was “based on the insistence of the State of Qatar to continue to undermine the security and stability of the region.” In the statement the UAE said the following steps were taken:
On March 30, 2017, the Department of the Treasury (Treasury), in accordance with section 999(a)(3) of the Internal Revenue Code of 1986, published in the Federal Register a current list of countries
On January 13, 2017, the President signed Notice of January 13, 2017 – Continuation of the National Emergency with Respect to Libya, which extends for an additional year the national emergency originally declared by Executive Order (E.O.) 13566 of February 25, 2011
On December 2, 2016, the Department of the Treasury published in the Federal Register a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986).
On August 5, 2016, the Department of the Treasury published in the Federal Register a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986).