[House Document 113-32]
[From the U.S. Government Publishing Office]



113th Congress, 1st Session - - - - - - - - - - - - - House Document 113-32


 
 EXECUTIVE ORDER TAKING ADDITIONAL STEPS WITH RESPECT TO THE NATIONAL 
                EMERGENCY DECLARED WITH RESPECT TO IRAN

                               __________

                                MESSAGE

                                  from

                   THE PRESIDENT OF THE UNITED STATES

                              transmitting

  NOTIFICATION OF AN EXECUTIVE ORDER THAT TAKES ADDITIONAL STEPS WITH 
  RESPECT TO THE NATIONAL EMERGENCY DECLARED WITH RESPECT TO IRAN IN 
                EXECUTIVE ORDER 12957 OF MARCH 15, 1995






    June 4, 2013.--Message and accompanying papers referred to the 
         Committee on Foreign Affairs and ordered to be printed
To the Congress of the United States:
    Pursuant to the International Emergency Economic Powers Act 
(50 U.S.C. 1701 et seq.) (IEEPA), I hereby report that I have 
issued an Executive Order (the ``order'') that takes additional 
steps with respect to the national emergency declared in 
Executive Order 12957 of March 15, 1995, and implements certain 
statutory requirements of the Iran Freedom and Counter-
Proliferation Act of 2012 (subtitle D of title XII of Public 
Law 112-239) (22 U.S.C. 8801 et seq.) (IFCA), which amends the 
Comprehensive Iran Sanctions, Accountability, and Divestment 
Act of 2010 (Public Law 111-195) (22 U.S.C. 8501 et seq.) 
(CISADA).
    In Executive Order 12957, the President found that the 
actions and policies of the Government of Iran threaten the 
national security, foreign policy, and economy of the United 
States. To deal with that threat, the President declared a 
national emergency and imposed prohibitions on certain 
transactions with respect to the development of Iranian 
petroleum resources. To further respond to that threat, 
Executive Order 12959 of May 6, 1995, imposed comprehensive 
trade and financial sanctions on Iran. Executive Order 13059 of 
August 19, 1997, consolidated and clarified the previous 
orders. To take additional steps with respect to the national 
emergency declared in Executive Order 12957 and to implement 
section 105(a) of CISADA, I issued Executive Order 13553 on 
September 28, 2010, to impose sanctions on officials of the 
Government of Iran and other persons acting on behalf of the 
Government of Iran determined to be responsible for or 
complicit in certain serious human rights abuses.
    To take additional steps with respect to the threat posed 
by Iran and to provide implementing authority for a number of 
the sanctions set forth in the Iran Sanctions Act of 1996 
(Public Law 104-172) (50 U.S.C. 1701 note) (ISA), as amended by 
CISADA, I issued Executive Order 13574 on May 23, 2011, to 
authorize the Secretary of the Treasury to implement certain 
sanctions imposed by the Secretary of State pursuant to ISA, as 
amended by CISADA. I also issued Executive Order 13590 on 
November 20, 2011, to take additional steps with respect to 
this emergency by authorizing the Secretary of State to impose 
sanctions on persons providing certain goods, services, 
technology, or support that contribute either to Iran's 
development of petroleum resources or to Iran's production of 
petrochemicals, and to authorize the Secretary of the Treasury 
to implement some of those sanctions. On February 5, 2012, in 
order to take further steps pursuant to this emergency, and to 
implement section 1245(c) of the National Defense Authorization 
Act for Fiscal Year 2012 (Public Law 112-81) (22 U.S.C. 8513a), 
I issued Executive Order 13599 blocking the property of the 
Government of Iran, all Iranian financial institutions, and 
persons determined to be owned or controlled by, or acting for 
or on behalf of, such parties. On April 22, 2012, and May 1, 
2012, I issued Executive Orders 13606 and 13608, respectively. 
Executive Orders 13606 and 13608 each take additional steps 
with respect to various emergencies, including the emergency 
declared in Executive Order 12957 concerning Iran, to address 
the use of computer and information technology to commit 
serious human rights abuses and efforts by foreign persons to 
evade sanctions.
    To take additional steps with respect to the national 
emergency declared in Executive Order 12957, I issued Executive 
Order 13622 of July 30, 2012, imposing further sanctions in 
light of the Government of Iran's use of revenues from 
petroleum, petroleum products, and petrochemicals for illicit 
purposes; Iran's continued attempts to evade international 
sanctions through deceptive practices; and the unacceptable 
risk posed to the international financial system by Iran's 
activities.
    Most recently, I issued Executive Order 13628 of October 9, 
2012, to take additional steps with respect to the national 
emergency declared in Executive Order 12957 and to implement 
certain statutory requirements of the Iran Threat Reduction and 
Syria Human Rights Act of 2012 (Public Law 112-158) (22 U.S.C. 
8701 et seq.) (TRA), including its amendments to the statutory 
requirements of ISA and CISADA.
    With respect to the order that I have just issued, section 
1 of the order authorizes the Secretary of the Treasury, in 
consultation with the Secretary of State, to impose financial 
sanctions on or to block all property and interests in property 
that are in the United States, that come within the United 
States, or that are or come within the possession or control of 
any United States person (including any foreign branch) of a 
foreign financial institution determined to have, on or after 
the effective date of the order:
           knowingly conducted or facilitated any 
        significant transaction related to the purchase or sale 
        of Iranian rials or a derivative, swap, future, 
        forward, or other similar contract whose value is based 
        on the exchange rate of the Iranian rial; or
           maintained significant funds or accounts 
        outside the territory of Iran denominated in the 
        Iranian rial.
    Section 2 of the order authorizes the Secretary of the 
Treasury, in consultation with the Secretary of State, to block 
all property and interests in property that are in the United 
States, that come within the United States, or that are or come 
within the possession or control of any United States person 
(including any foreign branch) of any person upon determining:
           that the person has materially assisted, 
        sponsored, or provided financial, material, or 
        technological support for, or goods or services to or 
        in support of, any Iranian person included on the list 
        of Specially Designated Nationals and Blocked Persons 
        maintained by the Office of Foreign Assets Control (SDN 
        List) (other than an Iranian depository institution 
        whose property and interests in property are blocked 
        solely pursuant to Executive Order 13599) or any other 
        person included on the SDN List whose property and 
        interests in property are blocked pursuant to this 
        paragraph or Executive Order 13599 (other than an 
        Iranian depository institution whose property and 
        interests in property are blocked solely pursuant to 
        Executive Order 13599); or
           pursuant to authority delegated by the 
        President and in accordance with the terms of such 
        delegation, that sanctions shall be imposed on such 
        person pursuant to section 1244(c)(1)(A) of IFCA.
    Section 3 of the order authorizes the Secretary of the 
Treasury, in consultation with the Secretary of State, to 
impose financial sanctions on a foreign financial institution 
determined to have knowingly conducted or facilitated any 
significant financial transaction:
           on behalf of any Iranian person included on 
        the SDN List (other than an Iranian depository 
        institution whose property and interests in property 
        are blocked solely pursuant to Executive Order 13599) 
        or any other person included on the SDN List whose 
        property and interests in property are blocked pursuant 
        to subsection 2(a)(i) of the order or Executive Order 
        13599 (other than an Iranian depository institution 
        whose property and interests in property are blocked 
        solely pursuant to Executive Order 13599); or
           on or after the effective date of the order, 
        for the sale, supply, or transfer to Iran of 
        significant goods or services used in connection with 
        the automotive sector of Iran.
    Section 5 of the order authorizes the Secretary of State, 
in consultation with the Secretary of the Treasury, the 
Secretary of Commerce, the Secretary of Homeland Security, and 
the United States Trade Representative, and with the President 
of the Export-Import Bank, the Chairman of the Board of 
Governors of the Federal Reserve System, and other agencies and 
officials as appropriate, to impose sanctions on a person upon 
determining that the person:
           on or after the effective date of the order, 
        knowingly engaged in a significant transaction for the 
        sale, supply, or transfer to Iran of significant goods 
        or services used in connection with the automotive 
        sector of Iran;
           is a successor entity to a person determined 
        to meet that criterion;
           owns or controls a person determined to meet 
        that criterion, and had knowledge that the person 
        engaged in the activities referred to therein; or
           is owned or controlled by, or under common 
        ownership or control with, a person determined to meet 
        that criterion, and knowingly participated in the 
        activities therein.
    Sections 6 and 7 of the order provide that, for persons 
determined to meet any of these criteria, the heads of the 
relevant agencies, in consultation with the Secretary of State, 
shall implement the sanctions imposed by the Secretary of 
State. Those sanctions may include the following actions:
           the Board of Directors of the Export-Import 
        Bank shall deny approval of the issuance of any 
        guarantee, insurance, extension of credit, or 
        participation in an extension of credit in connection 
        with the export of any goods or services to the 
        sanctioned person;
           agencies shall not issue any specific 
        license or grant any other specific permission or 
        authority under any statute that requires the prior 
        review and approval of the United States Government as 
        a condition for the export or reexport of goods or 
        technology to the sanctioned person;
           for a sanctioned person that is a financial 
        institution: the Chairman of the Board of Governors of 
        the Federal Reserve System and the President of the 
        Federal Reserve Bank of New York shall take such 
        actions as they deem appropriate, including denying 
        designation, or terminating the continuation of any 
        prior designation of, the sanctioned person as a 
        primary dealer in United States Government debt 
        instruments; or agencies shall prevent the sanctioned 
        person from serving as an agent of the United States 
        Government or serving as a repository for United States 
        Government funds;
           agencies shall not procure, or enter into a 
        contract for the procurement of, any goods or services 
        from the sanctioned person;
           the Secretary of State shall deny a visa to, 
        and the Secretary of Homeland Security shall exclude 
        from the United States, any alien that the Secretary of 
        State determines is a corporate officer or principal 
        of, or a shareholder with a controlling interest in, a 
        sanctioned person;
           the heads of the relevant agencies, as 
        appropriate, shall impose on the principal executive 
        officer or officers, or persons performing similar 
        functions and with similar authorities, of a sanctioned 
        person any of the sanctions described above, as 
        selected by the Secretary of State;
           the Secretary of the Treasury shall take 
        actions where necessary to:
                   prohibit any United States financial 
                institution from making loans or providing 
                credits to the sanctioned person totaling more 
                than $10,000,000 in any 12-month period, unless 
                such person is engaged in activities to relieve 
                human suffering and the loans or credits are 
                provided for such activities;
                   prohibit any transactions in foreign 
                exchange that are subject to the jurisdiction 
                of the United States and in which the 
                sanctioned person has any interest;
                   prohibit any transfers of credit or 
                payments between financial institutions or by, 
                through, or to any financial institution, to 
                the extent that such transfers or payments are 
                subject to the jurisdiction of the United 
                States and involve any interest of the 
                sanctioned person;
                   block all property and interests in 
                property that are in the United States, that 
                come within the United States, or that are or 
                come within the possession or control of any 
                United States person, (including any foreign 
                branch) of the sanctioned person, and provide 
                that such property and interests in property 
                may not be transferred, paid, exported, 
                withdrawn, or otherwise dealt in;
                   prohibit any United States person from 
                investing in or purchasing significant amounts 
                of equity or debt instruments of a sanctioned 
                person;
                   restrict or prohibit imports of goods, 
                technology, or services, directly or 
                indirectly, into the United States from the 
                sanctioned person; or
                   impose on the principal executive 
                officer or officers, or persons performing 
                similar functions and with similar authorities, 
                of a sanctioned person any of the sanctions 
                described above, as appropriate.
    Section 7 of the order also provides that, when the 
Secretary of State or the Secretary of the Treasury pursuant to 
authority delegated by the President and in accordance with the 
terms of such delegation, has determined that sanctions shall 
be imposed on a person pursuant to sections 1244(d)(1)(A), 
1245(a)(1), or 1246(a)(1) of IFCA (including in each case as 
informed by section 1253(c)(2) of IFCA), such Secretary may 
select one or more of the sanctions described above for which 
the Secretary of the Treasury shall take such action, and the 
Secretary of the Treasury shall take actions where necessary to 
implement those sanctions.
    Sections 8 and 11 of the order implement the statutory 
requirements of CISADA, as amended by section 1249 of IFCA. 
They authorize the Secretary of the Treasury to block all 
property and interests in property that are in the United 
States, that come within the United States, or that are or come 
within the possession or control of any United States person 
(including any foreign branch), and the Secretary of State to 
suspend entry into the United States, of persons determined by 
the Secretary of the Treasury, in consultation with or at the 
recommendation of the Secretary of State:
           to have engaged, on or after January 2, 
        2013, in corruption or other activities relating to the 
        diversion of goods, including agricultural commodities, 
        food, medicine, and medical devices, intended for the 
        people of Iran;
           to have engaged, on or after January 2, 
        2013, in corruption or other activities relating to the 
        misappropriation of proceeds from the sale or resale of 
        goods described above;
           to have materially assisted, sponsored, or 
        provided financial, material, or technological support 
        for, or goods or services to or in support of, the 
        activities described above or any person whose property 
        and interests in property are blocked pursuant to these 
        provisions; or
           to be owned or controlled by, or to have 
        acted or purported to act for or on behalf of, directly 
        or indirectly, any person whose property and interests 
        in property are blocked pursuant to these provisions.
    I have delegated to the Secretary of the Treasury the 
authority, in consultation with the Secretary of State, to take 
such actions, including the promulgation of rules and 
regulations, and to employ all powers granted to the President 
by IEEPA, as may be necessary to carry out the purposes of the 
order, other than the purposes described in sections 5, 6, and 
11 of the order. All agencies of the United States Government 
are directed to take all appropriate measures within their 
authority to carry out the provisions of the order.
    The order, a copy of which is enclosed, becomes effective 
at 12:01 a.m. eastern daylight time on July 1, 2013.
                                                      Barack Obama.
    The White House, June 3, 2013.
                            Executive Order

                              ----------                              


 Authorizing the Implementation of Certain Sanctions Set Forth in the 
   Iran Freedom and Counter-Proliferation Act of 2012 and Additional 
                     Sanctions With Respect to Iran

    By the authority vested in me as President by the 
Constitution and the laws of the United States of America, 
including the International Emergency Economic Powers Act (50 
U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 
U.S.C. 1601 et seq.), the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (Public Law 111-195) 
(22 U.S.C. 8501 et seq.) (CISADA), the Iran Freedom and 
Counter-Proliferation Act of 2012 (subtitle D of title XII of 
Public Law 112-239) (22 U.S.C. 8801 et seq.) (IFCA), section 
212(f) of the Immigration and Nationality Act of 1952 (8 U.S.C. 
1182(f)), and section 301 of title 3, United States Code, and 
in order to take additional steps with respect to the national 
emergency declared in Executive Order 12957 of March 15, 1995,
    I, BARACK OBAMA, President of the United States of America, 
hereby order:
    Section 1. (a) The Secretary of the Treasury, in 
consultation with the Secretary of State, is hereby authorized 
to impose on a foreign financial institution the sanctions 
described in subsection (b) of this section upon determining 
that the foreign financial institution has, on or after the 
effective date of this order:
          (i) knowingly conducted or facilitated any 
        significant transaction related to the purchase or sale 
        of Iranian rials or a derivative, swap, future, 
        forward, or other similar contract whose value is based 
        on the exchange rate of the Iranian rial; or
          (ii) maintained significant funds or accounts outside 
        the territory of Iran denominated in the Iranian rial.
    (b) With respect to any foreign financial institution 
determined by the Secretary of the Treasury in accordance with 
this section to meet the criteria set forth in subsection 
(a)(i) or (a)(ii) of this section, the Secretary of the 
Treasury may:
          (i) prohibit the opening, and prohibit or impose 
        strict conditions on the maintaining, in the United 
        States of a correspondent account or a payable-through 
        account by such foreign financial institution; or
          (ii) block all property and interests in property 
        that are in the United States, that hereafter come 
        within the United States, or that are or hereafter come 
        within the possession or control of any United States 
        person (including any foreign branch) of such foreign 
        financial institution, and provide that such property 
        and interests in property may not be transferred, paid, 
        exported, withdrawn, or otherwise dealt in.
    (c) The prohibitions in subsection (b) of this section 
apply except to the extent provided by statutes, or in 
regulations, orders, directives, or licenses that may be issued 
pursuant to this order, and notwithstanding any contract 
entered into or any license or permit granted prior to the 
effective date of this order.
    Sec. 2. (a) The Secretary of the Treasury, in consultation 
with the Secretary of State, is hereby authorized to impose on 
a person the measures described in subsection (b) of this 
section upon determining:
          (i) that the person has materially assisted, 
        sponsored, or provided financial, material, or 
        technological support for, or goods or services to or 
        in support of, any Iranian person included on the list 
        of Specially Designated Nationals and Blocked Persons 
        maintained by the Office of Foreign Assets Control (SDN 
        List) (other than an Iranian depository institution 
        whose property and interests in property are blocked 
        solely pursuant to Executive Order 13599 of February 5, 
        2012) or any other person included on the SDN List 
        whose property and interests in property are blocked 
        pursuant to this paragraph or Executive Order 13599 
        (other than an Iranian depository institution whose 
        property and interests in property are blocked solely 
        pursuant to Executive Order 13599); or
          (ii) pursuant to authority delegated by the President 
        and in accordance with the terms of such delegation, 
        that sanctions shall be imposed on such person pursuant 
        to section 1244(c)(1)(A) of IFCA.
    (b) With respect to any person determined by the Secretary 
of the Treasury in accordance with this section to meet the 
criteria set forth in subsection (a)(i) or (a)(ii) of this 
section, all property and interests in property that are in the 
United States, that hereafter come within the United States, or 
that are or hereafter come within the possession or control of 
any United States person (including any foreign branch) of such 
person are blocked and may not be transferred, paid, exported, 
withdrawn, or otherwise dealt in.
    (c) The prohibitions in subsection (b) of this section 
apply except to the extent provided by statutes, or in 
regulations, orders, directives, or licenses that may be issued 
pursuant to this order, and notwithstanding any contract 
entered into or any license or permit granted prior to the 
effective date of this order.
    Sec. 3. (a) The Secretary of the Treasury, in consultation 
with the Secretary of State, is hereby authorized to impose on 
a foreign financial institution the sanctions described in 
subsection (b) of this section upon determining that the 
foreign financial institution has knowingly conducted or 
facilitated any significant financial transaction:
          (i) on behalf of any Iranian person included on the 
        SDN List (other than an Iranian depository institution 
        whose property and interests in property are blocked 
        solely pursuant to Executive Order 13599) or any other 
        person included on the SDN List whose property and 
        interests in property are blocked pursuant to 
        subsection 2(a)(i) of this order or Executive Order 
        13599 (other than an Iranian depository institution 
        whose property and interests in property are blocked 
        solely pursuant to Executive Order 13599); or
          (ii) on or after the effective date of this order, 
        for the sale, supply, or transfer to Iran of 
        significant goods or services used in connection with 
        the automotive sector of Iran.
    (b) With respect to any foreign financial institution 
determined by the Secretary of the Treasury in accordance with 
this section to meet the criteria set forth in subsection 
(a)(i) or (a)(ii) of this section, the Secretary of the 
Treasury may prohibit the opening, and prohibit or impose 
strict conditions on the maintaining, in the United States of a 
correspondent account or a payable-through account by such 
foreign financial institution.
    (c) Subsection (a)(i) of this section shall apply with 
respect to a significant financial transaction conducted or 
facilitated by a foreign financial institution for the purchase 
of petroleum or petroleum products from Iran only if:
          (i) the President determines under subparagraphs 
        (4)(B) and (C) of subsection 1245(d) of the National 
        Defense Authorization Act for Fiscal Year 2012 (Public 
        Law 112-81) (2012 NDAA) (22 U.S.C. 8513a) that there is 
        a sufficient supply of petroleum and petroleum products 
        from countries other than Iran to permit a significant 
        reduction in the volume of petroleum and petroleum 
        products purchased from Iran by or through foreign 
        financial institutions; and
          (ii) an exception under subparagraph 4(D) of 
        subsection 1245(d) of the 2012 NDAA from the imposition 
        of sanctions under paragraph (1) of that subsection 
        does not apply.
    (d) Subsection (a)(i) of this section shall not apply with 
respect to a significant financial transaction conducted or 
facilitated by a foreign financial institution for the sale, 
supply, or transfer to or from Iran of natural gas only if the 
financial transaction is solely for trade between the country 
with primary jurisdiction over the foreign financial 
institution and Iran, and any funds owed to Iran as a result of 
such trade are credited to an account located in the country 
with primary jurisdiction over the foreign financial 
institution.
    (e) Subsection (a)(i) of this section shall not apply to 
any person for conducting or facilitating a transaction for the 
provision of agricultural commodities, food, medicine, or 
medical devices to Iran.
    (f) The prohibitions in subsection (b) of this section 
apply except to the extent provided by statutes, or in 
regulations, orders, directives, or licenses that may be issued 
pursuant to this order, and notwithstanding any contract 
entered into or any license or permit granted prior to the 
effective date of this order.
    Sec. 4. Subsections 2(a) and 3(a)(i) of this order shall 
not apply with respect to any person for conducting or 
facilitating a transaction involving a project described in 
subsection (a) of section 603 of the Iran Threat Reduction and 
Syria Human Rights Act of 2012 (Public Law 112-158) (22 U.S.C. 
8701 et seq.) to which the exception under that section 
applies.
    Sec. 5. The Secretary of State, in consultation with the 
Secretary of the Treasury, the Secretary of Commerce, the 
Secretary of Homeland Security, and the United States Trade 
Representative, and with the President of the Export-Import 
Bank, the Chairman of the Board of Governors of the Federal 
Reserve System, and other agencies and officials as 
appropriate, is hereby authorized to impose on a person any of 
the sanctions described in section 6 or 7 of this order upon 
determining that the person:
    (a) on or after the effective date of this order, knowingly 
engaged in a significant transaction for the sale, supply, or 
transfer to Iran of significant goods or services used in 
connection with the automotive sector of Iran;
    (b) is a successor entity to a person determined by the 
Secretary of State in accordance with this section to meet the 
criteria in subsection (a) of this section;
    (c) owns or controls a person determined by the Secretary 
of State in accordance with this section to meet the criteria 
in subsection (a) of this section, and had knowledge that the 
person engaged in the activities referred to in that 
subsection; or
    (d) is owned or controlled by, or under common ownership or 
control with, a person determined by the Secretary of State in 
accordance with this section to meet the criteria in subsection 
(a) of this section, and knowingly participated in the 
activities referred to in that subsection.
    Sec. 6. When the Secretary of State, in accordance with the 
terms of section 5 of this order, has determined that a person 
meets any of the criteria described in subsections (a)-(d) of 
that section and has selected any of the sanctions set forth 
below to impose on that person, the heads of relevant agencies, 
in consultation with the Secretary of State, as appropriate, 
shall take the following actions where necessary to implement 
the sanctions imposed by the Secretary of State:
    (a) the Board of Directors of the Export-Import Bank shall 
deny approval of the issuance of any guarantee, insurance, 
extension of credit, or participation in an extension of credit 
in connection with the export of any goods or services to the 
sanctioned person;
    (b) agencies shall not issue any specific license or grant 
any other specific permission or authority under any statute 
that requires the prior review and approval of the United 
States Government as a condition for the export or reexport of 
goods or technology to the sanctioned person;
    (c) with respect to a sanctioned person that is a financial 
institution:
          (i) the Chairman of the Board of Governors of the 
        Federal Reserve System and the President of the Federal 
        Reserve Bank of New York shall take such actions as 
        they deem appropriate, including denying designation, 
        or terminating the continuation of any prior 
        designation of, the sanctioned person as a primary 
        dealer in United States Government debt instruments; or
          (ii) agencies shall prevent the sanctioned person 
        from serving as an agent of the United States 
        Government or serving as a repository for United States 
        Government funds;
    (d) agencies shall not procure, or enter into a contract 
for the procurement of, any goods or services from the 
sanctioned person;
    (e) the Secretary of State shall deny a visa to, and the 
Secretary of Homeland Security shall exclude from the United 
States, any alien that the Secretary of State determines is a 
corporate officer or principal of, or a shareholder with a 
controlling interest in, a sanctioned person; or
    (f) the heads of the relevant agencies, as appropriate, 
shall impose on the principal executive officer or officers, or 
persons performing similar functions and with similar 
authorities, of a sanctioned person the sanctions described in 
subsections (a)-(e) of this section, as selected by the 
Secretary of State.
    (g) The prohibitions in subsections (a)-(f) of this section 
apply except to the extent provided by statutes, or in 
regulations, orders, directives, or licenses that may be issued 
pursuant to this order, and notwithstanding any contract 
entered into or any license or permit granted prior to the 
effective date of this order.
    Sec. 7. (a) When the Secretary of State or the Secretary of 
the Treasury, pursuant to authority delegated by the President 
and in accordance with the terms of such delegation, has 
determined that sanctions shall be imposed on a person pursuant 
to section 1244(d)(1)(A), 1245(a)(1), or 1246(a)(1) of IFCA 
(including in each case as informed by section 1253(c)(2) of 
IFCA) or when the Secretary of State, in accordance with the 
terms of section 5 of this order, has determined that a person 
meets any of the criteria described in subsections (a)-(d) of 
that section, such Secretary may select one or more of the 
sanctions set forth below to impose on that person, and the 
Secretary of the Treasury, in consultation with the Secretary 
of State, shall take the following actions where necessary to 
implement the sanctions selected and maintained by the 
Secretary of State or the Secretary of the Treasury:
          (i) prohibit any United States financial institution 
        from making loans or providing credits to the 
        sanctioned person totaling more than $10,000,000 in any 
        12-month period, unless such person is engaged in 
        activities to relieve human suffering and the loans or 
        credits are provided for such activities;
          (ii) prohibit any transactions in foreign exchange 
        that are subject to the jurisdiction of the United 
        States and in which the sanctioned person has any 
        interest;
          (iii) prohibit any transfers of credit or payments 
        between financial institutions or by, through, or to 
        any financial institution, to the extent that such 
        transfers or payments are subject to the jurisdiction 
        of the United States and involve any interest of the 
        sanctioned person;
          (iv) block all property and interests in property 
        that are in the United States, that hereafter come 
        within the United States, or that are or hereafter come 
        within the possession or control of any United States 
        person (including any foreign branch) of the sanctioned 
        person, and provide that such property and interests in 
        property may not be transferred, paid, exported, 
        withdrawn, or otherwise dealt in;
          (v) prohibit any United States person from investing 
        in or purchasing significant amounts of equity or debt 
        instruments of a sanctioned person;
          (vi) restrict or prohibit imports of goods, 
        technology, or services, directly or indirectly, into 
        the United States from the sanctioned person; or
          (vii) impose on the principal executive officer or 
        officers, or persons performing similar functions and 
        with similar authorities, of a sanctioned person the 
        sanctions described in subsections (a)(i)-(a)(vi) of 
        this section, as selected by the Secretary of State or 
        the Secretary of the Treasury, as appropriate.
    (b) The prohibitions in subsection (a) of this section 
apply except to the extent provided by statutes, or in 
regulations, orders, directives, or licenses that may be issued 
pursuant to this order, and notwithstanding any contract 
entered into or any license or permit granted prior to the 
effective date of this order.
    Sec. 8. (a) All property and interests in property that are 
in the United States, that hereafter come within the United 
States, or that are or hereafter come within the possession or 
control of any United States person (including any foreign 
branch) of the following persons are blocked and may not be 
transferred, paid, exported, withdrawn, or otherwise dealt in: 
any person determined by the Secretary of the Treasury, in 
consultation with or at the recommendation of the Secretary of 
State:
          (i) to have engaged, on or after January 2, 2013, in 
        corruption or other activities relating to the 
        diversion of goods, including agricultural commodities, 
        food, medicine, and medical devices, intended for the 
        people of Iran;
          (ii) to have engaged, on or after January 2, 2013, in 
        corruption or other activities relating to the 
        misappropriation of proceeds from the sale or resale of 
        goods described in subsection (a)(i) of this section;
          (iii) to have materially assisted, sponsored, or 
        provided financial, material, or technological support 
        for, or goods or services to or in support of, the 
        activities described in subsection (a)(i) or (a)(ii) of 
        this section or any person whose property and interests 
        in property are blocked pursuant to this section; or
          (iv) to be owned or controlled by, or to have acted 
        or purported to act for or on behalf of, directly or 
        indirectly, any person whose property and interests in 
        property are blocked pursuant to this section.
    (b) The prohibitions in subsection (a) of this section 
apply except to the extent provided by statutes, or in 
regulations, orders, directives, or licenses that may be issued 
pursuant to this order, and notwithstanding any contract 
entered into or any license or permit granted prior to the 
effective date of this order.
    Sec. 9. I hereby determine that, to the extent section 
203(b)(2) of IEEPA (50 U.S.C. 1702(b)(2)) may apply, the making 
of donations of the types of articles specified in such section 
by, to, or for the benefit of any person whose property and 
interests in property are blocked pursuant to this order would 
seriously impair my ability to deal with the national emergency 
declared in Executive Order 12957, and I hereby prohibit such 
donations as provided by subsections 1(b)(ii), 2(b), 7(a)(iv), 
and 8(a) of this order.
    Sec. 10. The prohibitions in subsections 1(b)(ii), 2(b), 
7(a)(iv), and 8(a) of this order include but are not limited 
to:
    (a) the making of any contribution or provision of funds, 
goods, or services by, to, or for the benefit of any person 
whose property and interests in property are blocked pursuant 
to this order; and
    (b) the receipt of any contribution or provision of funds, 
goods, or services from any such person.
    Sec. 11. I hereby find that the unrestricted immigrant and 
nonimmigrant entry into the United States of aliens who meet 
one or more of the criteria in subsection 2(a), section 5, and 
subsection 8(a) of this order would be detrimental to the 
interests of the United States, and I hereby suspend the entry 
into the United States, as immigrants or nonimmigrants, of such 
persons. Such persons shall be treated as persons covered by 
section 1 of Proclamation 8693 of July 24, 2011 (Suspension of 
Entry of Aliens Subject to United Nations Security Council 
Travel Bans and International Emergency Economic Powers Act 
Sanctions).
    Sec. 12. The Secretary of the Treasury, in consultation 
with the Secretary of State, is hereby authorized to take such 
actions, including the promulgation of rules and regulations, 
and to employ all powers granted to the President by IEEPA as 
may be necessary to carry out the purposes of this order, other 
than the purposes described in sections 5, 6, and 11 of this 
order. The Secretary of the Treasury may redelegate any of 
these functions to other officers and agencies of the United 
States Government consistent with applicable law.
    Sec. 13. (a) Any transaction that evades or avoids, has the 
purpose of evading or avoiding, causes a violation of, or 
attempts to violate any of the prohibitions set forth in this 
order is prohibited.
    (b) Any conspiracy formed to violate any of the 
prohibitions set forth in this order is prohibited.
    Sec. 14. For the purposes of this order:
    (a) the term ``automotive sector of Iran'' means the 
manufacturing or assembling in Iran of light and heavy vehicles 
including passenger cars, trucks, buses, minibuses, pick-up 
trucks, and motorcycles, as well as original equipment 
manufacturing and after-market parts manufacturing relating to 
such vehicles.
    (b) the term ``entity'' means a partnership, association, 
trust, joint venture, corporation, group, subgroup, or other 
organization;
    (c) the term ``financial institution,'' as used in sections 
6 and 7 of this order, includes:
          (i) a depository institution (as defined in section 
        3(c)(1) of the Federal Deposit Insurance Act) (12 
        U.S.C. 1813(c)(1)), including a branch or agency of a 
        foreign bank (as defined in section 1(b)(7) of the 
        International Banking Act of 1978) (12 U.S.C. 3101(7));
          (ii) a credit union;
          (iii) a securities firm, including a broker or 
        dealer;
          (iv) an insurance company, including an agency or 
        underwriter; and
          (v) any other company that provides financial 
        services;
    (d) the term ``foreign financial institution,'' as used in 
sections 1 and 3 of this order, means any foreign entity that 
is engaged in the business of accepting deposits, making, 
granting, transferring, holding, or brokering loans or credits, 
or purchasing or selling foreign exchange, securities, 
commodity futures or options, or procuring purchasers and 
sellers thereof, as principal or agent. It includes but is not 
limited to depository institutions, banks, savings banks, money 
service businesses, trust companies, securities brokers and 
dealers, commodity futures and options brokers and dealers, 
forward contract and foreign exchange merchants, securities and 
commodities exchanges, clearing corporations, investment 
companies, employee benefit plans, dealers in precious metals, 
stones, or jewels, and holding companies, affiliates, or 
subsidiaries of any of the foregoing. The term does not include 
the international financial institutions identified in 22 
U.S.C. 262r(c)(2), the International Fund for Agricultural 
Development, the North American Development Bank, or any other 
international financial institution so notified by the 
Secretary of the Treasury;
    (e) the term ``Government of Iran'' includes the Government 
of Iran, any political subdivision, agency, or instrumentality 
thereof, including the Central Bank of Iran, and any person 
owned or controlled by, or acting for or on behalf of, the 
Government of Iran;
    (f) the term ``Iran'' means the Government of Iran and the 
territory of Iran and any other territory or marine area, 
including the exclusive economic zone and continental shelf, 
over which the Government of Iran claims sovereignty, sovereign 
rights, or jurisdiction, provided that the Government of Iran 
exercises partial or total de facto control over the area or 
derives a benefit from economic activity in the area pursuant 
to international arrangements;
    (g) the term ``Iranian depository institution'' means any 
entity (including foreign branches), wherever located, 
organized under the laws of Iran or any jurisdiction within 
Iran, or owned or controlled by the Government of Iran, or in 
Iran, or owned or controlled by any of the foregoing, that is 
engaged primarily in the business of banking (for example, 
banks, savings banks, savings associations, credit unions, 
trust companies, and bank holding companies);
    (h) the term ``Iranian person,'' as used in sections 2 and 
3 of this order, means an individual who is a citizen or 
national of Iran or an entity organized under the laws of Iran 
or otherwise subject to the jurisdiction of the Government of 
Iran;
    (i) the terms ``knowledge'' and ``knowingly,'' with respect 
to conduct, a circumstance, or a result, mean that a person has 
actual knowledge, or should have known, of the conduct, the 
circumstance, or the result;
    (j) the term ``person'' means an individual or entity;
    (k) the term ``petroleum'' (also known as crude oil) means 
a mixture of hydrocarbons that exists in liquid phase in 
natural underground reservoirs and remains liquid at 
atmospheric pressure after passing through surface separating 
facilities;
    (l) the term ``petroleum products'' includes unfinished 
oils, liquefied petroleum gases, pentanes plus, aviation 
gasoline, motor gasoline, naphtha-type jet fuel, kerosene-type 
jet fuel, kerosene, distillate fuel oil, residual fuel oil, 
petrochemical feedstocks, special naphthas, lubricants, waxes, 
petroleum coke, asphalt, road oil, still gas, and miscellaneous 
products obtained from the processing of: crude oil (including 
lease condensate), natural gas, and other hydrocarbon 
compounds. The term does not include natural gas, liquefied 
natural gas, biofuels, methanol, and other non-petroleum fuels;
    (m) the term ``sanctioned person'' means a person that the 
Secretary of State or the Secretary of the Treasury, pursuant 
to authority delegated by the President and in accordance with 
the terms of such delegation, has determined is a person on 
whom sanctions shall be imposed pursuant to section 
1244(d)(1)(A), 1245(a)(1), or 1246(a)(1) of IFCA (including in 
each case as informed by section 1253(c)(2) of IFCA), and on 
whom the Secretary of State or the Secretary of the Treasury 
has imposed any of the sanctions in section 6 or 7 of this 
order or a person on whom the Secretary of State, in accordance 
with the terms of section 5 of this order, has determined to 
impose sanctions pursuant to section 5;
    (n) for the purposes of this order, the term ``subject to 
the jurisdiction of the Government of Iran'' means a person 
organized under the laws of Iran or any jurisdiction within 
Iran, ordinarily resident in Iran, or in Iran, or owned or 
controlled by any of the foregoing;
    (o) the term ``United States financial institution'' means 
a financial institution as defined in subsection (c) of this 
section (including its foreign branches) organized under the 
laws of the United States or any jurisdiction within the United 
States or located in the United States; and
    (p) the term ``United States person'' means any United 
States citizen, permanent resident alien, entity organized 
under the laws of the United States or any jurisdiction within 
the United States (including foreign branches), or any person 
in the United States.
    Sec. 15. For those persons whose property and interests in, 
property are blocked pursuant to this order who might have a 
constitutional presence in the United States, I find that 
because of the ability to transfer funds or other assets 
instantaneously, prior notice to such persons of measures to be 
taken pursuant to this order would render those measures 
ineffectual. I therefore determine that for these measures to 
be effective in addressing the national emergency declared in 
Executive Order 12957, there need be no prior notice of an 
action taken pursuant to subsection 1(b)(ii), 2(b), 7(a)(iv), 
or 8(a) of this order.
    Sec. 16. Executive Order 13622 of July 30, 2012, is hereby 
amended as follows:
    (a) Subsection (a)(ii) of section 1 is amended by replacing 
``for the purchase or acquisition of petroleum or petroleum 
products from Iran'' with ``for the purchase, acquisition, 
sale, transport, or marketing of petroleum or petroleum 
products from Iran''.
    (b) Subsection (a)(iii) of section 1 is amended by 
replacing ``for the purchase or acquisition of petrochemical 
products from Iran'' with ``for the purchase, acquisition, 
sale, transport, or marketing of petrochemical products from 
Iran''.
    (c) Subsection (a)(i) of section 2 is amended by replacing 
``knowingly, on or after the effective date of this order, 
engaged in a significant transaction for the purchase or 
acquisition of petroleum or petroleum products from Iran'' with 
``knowingly, on or after the effective date of this order, 
engaged in a significant transaction for the purchase, 
acquisition, sale, transport, or marketing of petroleum or 
petroleum products from Iran''.
    (d) Subsection (a)(ii) of section 2 is amended by replacing 
``knowingly, on or after the effective date of this order, 
engaged in a significant transaction for the purchase or 
acquisition of petrochemical products from Iran'' with 
``knowingly, on or after the effective date of this order, 
engaged in a significant transaction for the purchase, 
acquisition, sale, transport, or marketing of petrochemical 
products from Iran''.
    (e) Subsection (e) of section 10 is amended by inserting 
the words ``dealers in precious metals, stones, or jewels,'' 
after the words ``employee benefit plans,''.
    Sec. 17. All agencies of the United States Government are 
hereby directed to take all appropriate measures within their 
authority to carry out the provisions of this order.
    Sec. 18. This order is not intended to, and does not, 
create any right or benefit, substantive or procedural, 
enforceable at law or in equity by any party against the United 
States, its departments, agencies, or entities, its officers, 
employees, or agents, or any other person.
    Sec. 19. The measures taken pursuant to this order are in 
response to actions of the Government of Iran occurring after 
the conclusion of the 1981 Algiers Accords, and are intended 
solely as a response to those later actions.
    Sec. 20. This order is effective at 12:01 a.m. eastern 
daylight time on July 1, 2013.

                                                      Barack Obama.
    The White House, June 3, 2013.