[Federal Register Volume 79, Number 192 (Friday, October 3, 2014)]
[Notices]
[Pages 59890-59891]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-23626]


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DEPARTMENT OF STATE

[Public Notice: 8897]


Persons on Whom Sanctions Have Been Imposed Under the Iran 
Sanctions Act of 1996 and the Iran Freedom and Counter-Proliferation 
Act of 2012

AGENCY: Department of State.

ACTION: Notice.

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SUMMARY: The Secretary of State has determined, pursuant to authority 
delegated by Presidential Memorandum of October 9, 2012 (the ``ISA 
Delegation Memorandum''), that the following persons have engaged in 
sanctionable activity described in section 5(a)(6) of the Iran 
Sanctions Act of 1996 (Pub. L. 104-172) (50 U.S.C. 1701 note) 
(``ISA''), as amended, and that certain sanctions are imposed as a 
result: Dettin SpA.
    The Secretary of State has also determined, pursuant to authority 
delegated by Presidential Memorandum of June 3, 2013 (the ``IFCA 
Delegation Memorandum''), that the following persons have engaged in 
sanctionable activity described in section 1244 of the Iran Freedom and 
Counter-Proliferation Act of 2012 (Pub. L. 112-239) (``IFCA''), and 
that certain sanctions are imposed as a result: Goldentex FZE.

DATES: Effective Date: These sanctions actions are effective on August 
28, 2014.

FOR FURTHER INFORMATION CONTACT: On general issues: Paul Pavwoski, 
Office of Economic Sanctions Policy and Implementation, Department of 
State, Telephone: (202) 647-8836.

SUPPLEMENTARY INFORMATION: Pursuant to section 5(a)(6) of ISA and the 
ISA Delegation Memorandum, the Secretary determined that the following 
sanctions, as described in section 6 of ISA, are to be imposed on 
Dettin SpA:
    1. Procurement sanction. The United States Government shall not 
procure, or enter into any contract for the procurement of, and goods 
or services from Dettin SpA.
    2. Export-Import Bank assistance for exports. The Export-Import 
Bank of the United States shall not give approval to the issuance of 
any guarantee, insurance, extension of credit, or participation in the 
extension of credit in connection with the export of any goods or 
services to Dettin SpA.
    3. Banking transactions. 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 
Dettin SpA, shall be prohibited.
    4. 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 Dettin SpA has any 
interest;
    b. Deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. Conduct any transactions involving such property.
    5. Foreign Exchange. Any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which Dettin 
SpA has any interest, shall be prohibited.
    If the Secretary determines that a person has engaged in 
sanctionable activity under Section 1244(d) of IFCA, the Secretary is 
required to impose 5 of the 12 sanctions provided for in Section 6 of 
ISA. Pursuant to section 1244(d) of IFCA and the IFCA Delegation 
Memorandum, the Secretary determined that the following sanctions as 
described in section 6 of ISA are to be imposed on Goldentex FZE:
    1. Ban on Investment in Equity or Debt of Sanctioned Person. 
Investment by U.S. persons in the debt or equity of Goldentex FZE shall 
be prohibited.
    2. Loans from United States Financial Institutions. U.S. financial 
institutions shall be prohibited from making loans or providing credits 
to Goldentex FZE totaling more than $10,000,000 in any 12-month period 
unless Goldentex FZE is engaged in activities to relieve human 
suffering and the loans or credits are provided for such activities.
    3. Banking Transactions. 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 
Goldentex FZE, shall be prohibited.
    4. 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 Goldentex FZE has any 
interest;

[[Page 59891]]

    b. Deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. Conduct any transactions involving such property.
    5. Foreign Exchange Transactions. Transactions in foreign exchange 
that are subject to the jurisdiction of the United States in which 
Goldentex FZE has any interest are prohibited.
    The sanctions described above with respect to Dettin SpA and 
Goldentex FZE shall remain in effect until otherwise directed pursuant 
to the provisions of ISA, IFCA, or other applicable authority. Pursuant 
to the authority delegated to the Secretary of State in the ISA and 
IFCA Delegation Memoranda, 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 
Secretary of the Treasury is taking appropriate action to implement the 
sanctions for which authority has been delegated to the Secretary of 
the Treasury pursuant to the Delegation Memorandum and Executive Order 
13574 of May 23, 2011.
    The following constitutes a current list, as of this date, of 
persons on whom ISA sanctions have been imposed. 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, 76 FR 21183, April 9, 2013).
     Cambis, Dimitris (see Public Notice 8268, 76 FR 21183, 
April 9, 2013).
     Dettin SpA.
     FAL Oil Company Limited (see Public Notice 7776, 77 FR 
4389, Jan. 27, 2012).
     Ferland Company Limited (see Public Notice 8352, 78 FR 
35351, June 12, 2013).
     Goldentex FZE.
     Impire Shipping (see Public Notice 8268, 76 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, 76 FR 21183, April 9, 2013).
     Kuo Oil (S) Pte. Ltd. (see Public Notice 7776, 77 FR 4389, 
Jan. 27, 2012).
     NaftiranIntertrade Company (a.k.a. NICO) (see Public 
Notice 7197, 75 FR 62916, Oct. 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, Jan. 27, 2012).

Charles H. Rivkin,
Assistant Secretary for Economic and Business Affairs.
[FR Doc. 2014-23626 Filed 10-2-14; 8:45 am]
BILLING CODE 4710-07-P