[Federal Register Volume 86, Number 11 (Tuesday, January 19, 2021)]
[Notices]
[Pages 5309-5310]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-29237]


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DEPARTMENT OF STATE

[Public Notice:11290]


Notice of Department of State Sanctions Actions; Reimposing 
Certain Sanctions With Respect to Iran

SUMMARY: The Secretary of State has imposed sanctions on 1 entity and 1 
individual.

DATES: The Secretary of State's determination and selection of certain 
sanctions to be imposed upon the 1 entity and 1 individual identified 
in the SUPPLEMENTARY INFORMATION section are effective on December 16, 
2020.

FOR FURTHER INFORMATION CONTACT: Taylor Ruggles, Director, Office of 
Economic Sanctions Policy and Implementation, Bureau of Economic and 
Business Affairs, Department of State, Washington, DC 20520, tel.: 
(202) 647 7677, email: [email protected].

SUPPLEMENTARY INFORMATION: Pursuant to Section 3(a) of E.O. 13846, 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 authorized to impose on a person any of the sanctions 
described in section 4 or 5 of E.O. 13846 upon determining that the 
person met any criteria set forth in sections 3(a)(i)--3(a)(vi) of E.O. 
13846.
    The Secretary of State has determined, pursuant to Section 3(a)(ii) 
of E.O. 13846, that Vietnam Gas and Chemicals Transportation 
Corporation has knowingly, on or after November 5, 2018, engaged in a 
significant transaction for the purchase, acquisition, sale, transport, 
or marketing of petroleum products from Iran.
    Pursuant to Section 5(a) of E.O. 13846, the Secretary of State has 
selected the following sanctions to be imposed upon Vietnam Gas and 
Chemicals Transportation Corporation:
     Prohibit any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which the 
entities have 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 
entities;
     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 of the entities, 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 the 
entities;
     Restrict or prohibit imports of goods, technology, or 
services, directly or indirectly, into the United States from the 
entities; and
     Impose on the principal executive officer or officers, or 
persons performing similar functions and with similar authorities, of 
the entities the sanctions described in sections 5(a)(i)-5(a)(iv) and 
5(a)(vi) of E.O. 13846, as selected by the Secretary of State.
    Pursuant to Sections 4(e) and 5(a) of E.O. 13846, the Secretary of 
State has selected the following sanctions to be imposed upon, Vo Ngoc 
Phung, who has been determined to be (i) a corporate officer or 
principal of the aforementioned entities and (ii) a principal executive 
officer of the aforementioned entities, or perform similar functions 
with similar authorities as a principal executive officer:
     Prohibit any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which, Vo Ngoc 
Phung, 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, Vo Ngoc 
Phung;
     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 of, Vo Ngoc Phung; and provide that such property 
and interests in property may not be transferred, paid, exported, 
withdrawn, or otherwise dealt in; and
     Restrict or prohibit imports of goods, technology, or 
services, directly or indirectly, into the United States from Vo Ngoc 
Phung.
    Additionally, pursuant to Section 4(e) of E.O. 13846, 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

[[Page 5310]]

in, a sanctioned person subject to this action.

Peter D. Haas,
Principal Deputy Assistant Secretary, Bureau of Economic and Business 
Affairs, Department of State.
[FR Doc. 2020-29237 Filed 1-15-21; 8:45 am]
BILLING CODE 4710-AE-P