[Federal Register Volume 79, Number 30 (Thursday, February 13, 2014)]
[Notices]
[Page 8781]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-03233]
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DEPARTMENT OF STATE
[Public Notice 8629]
Bureau of Economic and Business Affairs; Removal of Sanctions on
Person on Whom Sanctions Have Been Imposed Under the Iran Sanctions Act
of 1996, as Amended
AGENCY: Department of State.
ACTION: Notice.
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SUMMARY: The Secretary of State has determined that Associated
Shipbroking (a.k.a. SAM) is no longer engaging in sanctionable activity
described in section 5(a) of the Iran Sanctions Act of 1996 (Pub. L.
104-172) (50 U.S.C. 1701 note) (``ISA''), as amended, and that this
person has provided reliable assurances that it will not knowingly
engage in such activities in the future. Therefore, certain sanctions
that were imposed on Associated Shipbroking on May 24, 2011 are hereby
lifted.
DATES: Effective Date: The sanctions on Associated Shipbroking are
lifted effective February 7, 2014.
FOR FURTHER INFORMATION CONTACT: On general issues: Office of Sanctions
Policy and Implementation, Department of State, Telephone: (202) 647-
7489.
SUPPLEMENTARY INFORMATION: On May 24, 2011, the Secretary of State made
a determination to impose certain sanctions on, inter alia, Associated
Shipbroking (a.k.a. SAM) under the Iran Sanctions Act of 1996, as
amended (Pub. L. 104-172) (50 U.S.C. 1701 note). See 76 FR 56866
(September 24, 2011).
At that time, pursuant to section 5(a) of ISA and the authority
delegated to the Secretary of State in the Presidential Memorandum of
September 23, 2010, 75 FR 67025 (the ``Delegation Memorandum''), the
Secretary determined to impose on Associated Shipbroking and any person
in which Associated Shipbroking has an interest of fifty percent or
more the following sanctions described in section 6 of ISA:
1. Foreign Exchange. Any transactions in foreign exchange that
are subject to the jurisdiction of the United States in which
Associated Shipbroking has any interest shall be prohibited.
2. Banking transactions. Any transfers of credit or payments
between financial institutions or by, through, or to any financial
institutions, to the extent that such transfers or payments are
subject to the jurisdiction of the United States and involve any
interest of Associated Shipbroking, shall be prohibited.
3. Property transactions. It shall be prohibited to:
a. Acquire, hold, withhold, use, transfer, withdraw, transport,
import, or export any property that is subject to the jurisdiction
of the United States and with respect to which Associated
Shipbroking has any interest;
b. Deal in or exercise any right, power, or privilege with
respect to such property.
c. Conduct any transactions involving such property.
Pursuant to section 9(b)(2) of ISA and the authority delegated to the
Secretary of State in the Delegation Memorandum, the Secretary now has
determined and certified to Congress that Associated Shipbroking is no
longer engaging in sanctionable activity described in section 5(a) of
ISA, and that this person has provided reliable assurances that they
will not knowingly engage in such activities in the future. The
Secretary, therefore, has determined to lift the above-referenced
sanctions imposed on Associated Shipbroking.
The sanctions described above with respect to Associated
Shipbroking are no longer in effect. Pursuant to the authority
delegated to the Secretary of State in the Delegation Memorandum,
relevant agencies and instrumentalities of the United States Government
shall take all appropriate measures within their authority to carry out
the provisions of this notice.
The following constitutes a current, as of this date, list of
persons on whom sanctions are imposed under ISA. The particular
sanctions imposed on an individual person are identified in the
relevant Federal Register Notice.
--Belarusneft (see Public Notice 7408, 76 FR 18821, April 5, 2011)
--BimehMarkazi-Central Insurance of Iran (See Public Notice 8268, 78 FR
21183, April 9, 2013)
--Cambis, Dimitris (See Public Notice 8268, 78 FR 21183, April 9, 2013)
--FAL Oil Company Limited (see Public Notice 7776, 77 FR 4389, January
27, 2012)
--Ferland Company Limited (See Public Notice 8352, 78 FR 35351, June
12, 2013)
--Impire Shipping (See Public Notice 8268, 78 FR 21183, April 9, 2013)
--Jam Petrochemical Company (See Public Notice 8352 78 FR 35351, June
12, 2013)
--Kish Protection and Indemnity (a.k.a. Kish P&I) (See Public Notice
8268, 78 FR 21183, April 9, 2013)
--Kuo Oil (S) Pte. Ltd. (see Public Notice 7776, 77 FR 4389, January
27, 2012)
--NaftiranIntertrade Company (see Public Notice 7197, 75 FR 62916,
October 13, 2010)
--Niksima Food and Beverage JLT (See Public Notice 8352, 78 FR 35351,
June 12, 2013)
--Petrochemical Commercial Company International (a.k.a. PCCI) (see
Public Notice 7585, 76 FR 56866, September 14, 2011)
--Petr[oacute]leos de Venezuela S.A. (a.k.a. PDVSA) (see Public Notice
7585, 76 FR 56866, September 14, 2011)
--Royal Oyster Group (see Public Notice 7585, 76 FR 56866, September
14, 2011)
--Speedy Ship (a.k.a. SPD) (see Public Notice 7585, 76 FR 56866,
September 14, 2011)
--Sytrol (see Public Notice 8040, 77 FR 59034, September 25, 2012)
--Zhuhai Zhenrong Company (see Public Notice 7776, 77 FR 4389, January
27, 2012)
Dated: January 7, 2014.
William E. Craft,
Acting Assistant Secretary, for Economic and Business Affairs.
[FR Doc. 2014-03233 Filed 2-12-14; 8:45 am]
BILLING CODE 4710-07-P