[Federal Register Volume 77, Number 226 (Friday, November 23, 2012)]
[Notices]
[Pages 70209-70210]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-28360]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Designation of Seven Entities Pursuant to Executive Order 13448 
or Executive Order 13464 and Amendment of an Existing Specially 
Designated National Listing

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 publishing the names of seven entities whose property and 
interests in property are blocked pursuant to Executive Order 13464 of 
April 30, 2008 (``Blocking Property and Prohibiting Certain 
Transactions Related to Burma'') (``E.O. 13464'') or Executive Order 
13448 of October 18, 2007 (``Blocking Property and Prohibiting Certain 
Transactions Related to Burma'') (``E.O. 13448''). OFAC is also 
amending the listing of a person whose property and interests in 
property were previously blocked.

DATES: The designation by the Director of OFAC of the seven entities 
named in this notice, pursuant to E.O. 13464 or E.O. 13448, and the 
amendment to an existing listing are effective November 16, 2012.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions 
Compliance and Evaluation, 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.treasury.gov/ofac) or via facsimile 
through a 24-hour fax-on-demand service, Tel.: 202/622-0077.

Background

    On October 18, 2007, President George W. Bush signed E.O. 13448 
pursuant to, inter alia, the International Emergency Economic Powers 
Act (50 U.S.C. 1701 et seq.) (IEEPA). In E.O. 13448, President George 
W. Bush expanded the national emergency declared in Executive Order 
13047 of May 20, 1997, and took additional steps with respect to the 
Government of Burma's continued repression of the democratic 
opposition. The President identified twelve individuals and entities in 
the Annex to E.O. 13448.
    Section 1 of E.O. 13448 blocks, with certain exceptions, all 
property and interests in property that are in, or thereafter come 
within, the United States, or within the possession or control of 
United States persons, of the persons listed in the Annex to E.O. 
13448, as well as those persons determined by the Secretary of the 
Treasury, after consultation with the Secretary of State, to satisfy 
any of the criteria set forth in subparagraphs (b)(i)-(b)(vi) of 
Section 1 of E.O. 13448.
    On November 16, 2012, the Director of OFAC, after consultation with 
the Department of State, designated, pursuant to one or more of the 
criteria set forth in Section 1 subparagraphs (b)(i)-(b)(vi) of E.O. 
13448, the following four entities, whose names have been added to the 
list of Specially Designated Nationals and Blocked Persons and whose 
property and interests in property are blocked pursuant to E.O. 13448:

    1. GOLD ENERGY CO. LTD., No. 74 Lan Thit Road, Insein Township, 
Rangoon, Burma; Taungngu (Tungoo) Branch, Karen State, Burma 
[BURMA].
    2. GOLD OCEAN PTE LTD, 101 Cecil Street 08-08, Tong Eng 
Building, Singapore 069533, Singapore; 1 Scotts Road, 21-
07/08 Shaw Centre, Singapore 228208, Singapore [BURMA].
    3. GREAT SUCCESS PTE. LTD., 1 Scotts Road, 21/07-08 
Shaw Centre, Singapore, 228208, Singapore; 101 Cecil Street 
08-08, Tong Eng Building, Singapore, 069533, Singapore 
[BURMA].
    4. GREEN LUCK TRADING COMPANY (a.k.a. GREEN LUCK TRADING COMPANY 
LIMITED), No. 61/62 Bahosi Development, Wadan Street, Lanmadaw 
Township, Rangoon, Burma; No. 74 Lan Thit Street, Insein Township, 
Rangoon, Burma [BURMA].

    On April 30, 2008, President George W. Bush signed E.O. 13464, 
pursuant to, inter alia, the International Emergency Economic Powers 
Act (50 U.S.C. 1701 et seq.). In E.O. 13464, President George W. Bush 
took additional steps with respect to the national emergency declared 
in Executive Order 13047 of May 20, 1997 and expanded in E.O. 13448.
    Section 1 of E.O. 13464 blocks, with certain exceptions, all 
property and interests in property that are in, or thereafter come 
within, the United States, or within the possession or control of any 
United States person, of the persons listed in the Annex to E.O. 13464, 
as well as those persons determined by the Secretary of the Treasury, 
after consultation with the Secretary of State, to satisfy any of the 
criteria set forth in subparagraphs (b)(i)-(b)(iii) of Section 1 of 
E.O. 13464.
    On November 16, 2012, the Director of OFAC, after consultation with 
the Department of State, designated, pursuant to one or more of the 
criteria set forth in Section 1, subparagraphs (b)(i)-(b)(iii) of E.O. 
13464, the following three entities, whose names have been added to the 
list of Specially Designated Nationals and Blocked Persons and whose 
property and interests in property are blocked pursuant to E.O. 13464:

    1. ASIA PIONEER IMPEX PTE. LTD., 10 Anson Road, 23-16 
International Plaza, Singapore 079903, Singapore [BURMA].
    2. TERRESTRIAL PTE. LTD., 3 Raffles Place, 06-01 Bharat 
Building, Singapore 048617, Singapore; 10 Anson Road, 23-16 
International Plaza, Singapore 079903, Singapore [BURMA].
    3. ASIA GREEN DEVELOPMENT BANK (a.k.a. AGD BANK), 168 Thiri 
Yatanar Shopping Complex, Zabu Thiri Township, Nay Pyi Taw, Burma; 
73/75 Sule Pagoda Road, Pabedan Township, Yangon, Burma; SWIFT/BIC 
AGDB MM MY [BURMA].

    OFAC is also amending the Golden Aaron Pte. Ltd. listing on the 
Department of the Treasury's List of Specially Designated Nationals and 
Blocked Persons. The entry has been amended as:

    GOLDEN AARON PTE. LTD. (a.k.a. CHINA FOCUS DEVELOPMENT; a.k.a. 
CHINA

[[Page 70210]]

FOCUS DEVELOPMENT LIMITED; a.k.a. CHINA FOCUS DEVELOPMENT LTD.), 3 
Shenton Way, 10-01, Shenton House, Singapore 068805, Singapore; 101 
Cecil Street, 08-08 Tong Eng Building, Singapore 069533, Singapore; 
China; Unit 2612A, Kuntai International Center, No. 12 Chaowai 
Street, Chaoyang District, Beijing 100020, China [BURMA] [JADE]


    Dated: November 16, 2012.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2012-28360 Filed 11-21-12; 8:45 am]
BILLING CODE 4810-AL-P