[Federal Register Volume 77, Number 142 (Tuesday, July 24, 2012)]
[Notices]
[Page 43429]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-18030]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of 1 Individual and 2 Entities Designated Pursuant to 
Executive Order 13315

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is removing the names of 1 individual and 2 entities whose 
property and interests in property are blocked pursuant to Executive 
Order 13315 of August 28, 2003, ``Blocking Property of the Former Iraqi 
Regime, Its Senior Officials and Their Family Members, and Taking 
Certain Other Actions'' from the list of Specially Designated Nationals 
and Blocked Persons (``SDN List'').

DATES: The removal of these individual and entities from the SDN List 
is effective as of July 17, 2012.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (www.treas.gov/ofac) or via facsimile 
through a 24-hour fax-on-demand service, tel.: 202/622-0077.

Background

    On August 28, 2003, the President issued Executive Order 13315 (the 
``Order'') pursuant to the International Emergency Economic Powers Act, 
50 U.S.C. 1701 et seq., the National Emergencies Act, 50 U.S.C. 1601 et 
seq., section 5 of the United Nations Participation Act, as amended, 22 
U.S.C. 287c, section 301 of title 3, United States Code, and in view of 
United Nations Security Council Resolution 1483 of May 22, 2003. In the 
Order, the President expanded the scope of the national emergency 
declared in Executive Order 13303 of May 22, 2003, to address the 
unusual and extraordinary threat to the national security and foreign 
policy of the United States posed by obstacles to the orderly 
reconstruction of Iraq, the restoration and maintenance of peace and 
security in that country, and the development of political, 
administrative, and economic institutions in Iraq. The Order authorizes 
the Secretary of the Treasury, in consultation with the Secretary of 
State, to designate additional persons or entities determined to meet 
certain criteria set forth in Executive Order 13315.
    The Department of the Treasury's Office of Foreign Assets Control 
has determined that these 1 individual and 2 entities should be removed 
from the SDN List.
    The following designations are removed from the SDN List:

Individual

1. KARAM, Nabil Victor, c/o ALFA COMPANY LIMITED FOR INTERNATIONAL 
TRADING AND MARKETING, P.O. Box 212953, Amman 11121, Jordan; c/o ALFA 
COMPANY LIMITED FOR INTERNATIONAL TRADING AND MARKETING, P.O. Box 
910606, Amman 11191, Jordan; c/o TRADING AND TRANSPORT SERVICES, Al-
Razi Medical Complex, Jabal Al-Hussein, Amman, Jordan; c/o TRADING AND 
TRANSPORT SERVICES, P.O. Box 212953, Amman 11121, Jordan; c/o TRADING 
AND TRANSPORT SERVICES, P.O. Box 910606, Amman 11191, Jordan; DOB 1954; 
nationality Lebanon (individual) [IRAQ2].

Entities

1. ALFA COMPANY LIMITED FOR INTERNATIONAL TRADING AND MARKETING (a.k.a. 
ALFA INVESTMENT AND INTERNATIONAL TRADING COMPANY; a.k.a. ALFA TRADING 
COMPANY), P.O. Box 910606, Amman 11191, Jordan [IRAQ2].
2. TRADING AND TRANSPORT SERVICES COMPANY, LTD., Al-Razi Medical 
Complex, Jabal Al-Hussein, Amman, Jordan; P.O. Box 212953, Amman 11121, 
Jordan; P.O. Box 910606, Amman 11191, Jordan [IRAQ2].

    The removal of these individual and entities names from the SDN 
List is effective as of July 17, 2012. All property and interests in 
property of the 1 individual and 2 entities that are in or hereafter 
come within the United States or the possession or control of United 
States persons are now blocked.

    Dated: July 17, 2012.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2012-18030 Filed 7-23-12; 8:45 am]
BILLING CODE 4810-AL-P