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Yemen

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On February 6, 2019, the Treasury Department 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 the basis of the best information currently available to Treasury, the following countries require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3)…

On May 16, 2018, the Department of the Treasury published in the Federal Register, in accordance with section 999(a)(3) of the Internal Revenue Code of 1986 (IRC), 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 IRC). On the basis of the best information currently available to Treasury, the following countries require or may require participation in, or…

On May 15, 2018, the Federal Register published Presidential Notice of May 14, 2018- Continuation of the National Emergency With Respect to Yemen, which continues the national emergency originally declared on May 16, 2012, by Executive Order 13611, to deal with the unusual and extraordinary threat to the national security and foreign policy of the United States constituted by the actions and policies of certain former members of the Government of Yemen and others that threaten Yemen’s peace, security, and stability.

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 May 13, 2016, the Federal Register published Presidential Notice of May 12,  2016 – Continuation of the National Emergency With Respect to Yemen which extends for one year the national emergency first declared on May 16, 2012 in Executive Order (E.O.) 13611, because actions and policies of certain members of the Government of Yemen and others in threatening Yemen’s peace, security, and stability continue to pose an unusual and extraordinary threat to the national…