[Federal Register Volume 89, Number 46 (Thursday, March 7, 2024)]
[Rules and Regulations]
[Pages 16450-16452]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04855]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Determinations.
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of two determinations.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing two determinations issued pursuant to a
March 11, 2022 Executive Order, as amended on December 22, 2023. The
determinations were previously issued on OFAC's website.
DATES: The determinations pursuant to Executive Order 14068, as
amended, were issued on February 8, 2024. See SUPPLEMENTARY INFORMATION
for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; or Assistant Director for Compliance, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov.
Background
On March 11, 2022, the President, invoking the authority of, inter
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701
et seq.) (IEEPA), issued Executive Order (E.O.) 14068, ``Prohibiting
Certain Imports, Exports, and New Investment With Respect to Continued
Russian Federation Aggression'' (87 FR 14381, March 15, 2022). Among
other prohibitions, E.O. 14068 section 1(a)(i) prohibits the
importation into the United States of the following products of Russian
Federation origin: fish, seafood, and preparations thereof; alcoholic
beverages; non-industrial diamonds; and any other products of Russian
Federation origin as may be determined by the Secretary of the
Treasury, in consultation with the Secretary of State and the Secretary
of Commerce.
On December 22, 2023, the President, invoking the authority of,
inter alia, IEEPA, issued E.O. 14114, ``Taking Additional Steps With
Respect to the
[[Page 16451]]
Russian Federation's Harmful Activities'' (88 FR 89271, December 26,
2023). Among other things, E.O. 14114 amends E.O.14068 by striking
paragraph (a)(i) of section 1 and inserting, in lieu thereof, new
language in subsections (a)(i)(A) through (D).
Section 1(a)(i)(A) of E.O. 14068 as amended prohibits the
importation and entry into the United States, including importation for
admission into a foreign trade zone located in the United States, of
the following products of Russian Federation origin: fish, seafood, and
preparations thereof; alcoholic beverages; non-industrial diamonds; and
any other products of Russian Federation origin, as may be determined
by the Secretary of the Treasury, in consultation with the Secretary of
State and the Secretary of Commerce.
Section 1(a)(i)(B) of E.O. 14068 as amended prohibits the
importation and entry into the United States, including importation for
admission into a foreign trade zone located in the United States, of
categories of any of the specified products as may be determined by the
Secretary of the Treasury, in consultation with the Secretary of State,
the Secretary of Commerce, and the Secretary of Homeland Security, that
were mined, extracted, produced, or manufactured wholly or in part in
the Russian Federation, or harvested in waters under the jurisdiction
of the Russian Federation or by Russia-flagged vessels, notwithstanding
whether such products have been incorporated or substantially
transformed into other products outside of the Russian Federation. The
products subject to section 1(a)(i)(B) include fish, seafood, and
preparations thereof; diamonds; and any other such products as may be
determined by the Secretary of the Treasury, in consultation with the
Secretary of State, the Secretary of Commerce, and the Secretary of
Homeland Security.
Section 1(a)(i)(D) of E.O. 14068 as amended prohibits the
importation and entry into the United States, including importation for
admission into a foreign trade zone located in the United States, of
products subject to the prohibitions of sections 1(a)(i)(A) through (C)
of E.O. 14068 as amended that transited through or were exported from
or by the Russian Federation, as may be determined by the Secretary of
the Treasury, in consultation with the Secretary of State, the
Secretary of Commerce, and the Secretary of Homeland Security.
Determination Pursuant to Section 1(a)(i)(B) of E.O. 14068
On February 8, 2024, pursuant to delegated authority, the Deputy
Director of OFAC, in consultation with the Department of State, the
Department of Commerce, and the Department of Homeland Security, issued
``Determination Pursuant to Section 1(a)(i)(B) of Executive Order
14068'', which determined that the prohibitions in section 1(a)(i)(B)
of E.O. 14068 as amended shall apply to certain non-industrial diamonds
that were mined, extracted, produced, or manufactured wholly or in part
in the Russian Federation.
Determinations Pursuant to Sections 1(a)(i)(A) and 1(a)(i)(D) of E.O.
14068
Also on February 8, 2024, pursuant to delegated authority, the
Deputy Director of OFAC issued ``Determinations Pursuant to Sections
1(a)(i)(A) and 1(a)(i)(D) of Executive Order 14068'' containing two
determinations. First, pursuant to delegated authority, and in
consultation with the Department of State and the Department of
Commerce, the Deputy Director determined that the prohibitions in
section 1(a)(i)(A) of E.O. 14068 as amended shall apply to diamond
jewelry and unsorted diamonds of Russian Federation origin. Second,
pursuant to delegated authority, and in consultation with the
Department of State, the Department of Commerce, and the Department of
Homeland Security, the Deputy Director determined the prohibitions
described in section 1(a)(i)(D) of E.O. 14068 as amended shall apply to
diamond jewelry and unsorted diamonds that were exported from the
Russian Federation.
Each determination was made available on OFAC's website (https://ofac.treasury.gov) when it was issued. The text of these determinations
is below.
Determination Pursuant to Section 1(a)(i)(B) of Executive Order 14068
Prohibitions Related to Imports of Certain Categories of Diamonds
Pursuant to sections 1(a)(i)(B), 1(b), and 5 of Executive Order
(E.O.) 14068 of March 11, 2022 (``Prohibiting Certain Imports,
Exports, and New Investment With Respect to Continued Russian
Federation Aggression''), as amended by E.O. 14114 of December 22,
2023 (``Taking Additional Steps With Respect to the Russian
Federation's Harmful Activities''), and 31 CFR 587.802, and in
consultation with the Department of State, the Department of
Commerce, and the Department of Homeland Security, I hereby
determine that the prohibitions in section 1(a)(i)(B) of E.O. 14068
shall apply to the following categories of diamonds that were mined,
extracted, produced, or manufactured wholly or in part in the
Russian Federation, notwithstanding whether such diamonds have been
substantially transformed into other products outside of the Russian
Federation:
(1) effective March 1, 2024, non-industrial diamonds with a
weight of 1.0 carat or greater; and
(2) effective September 1, 2024, non-industrial diamonds with a
weight of 0.5 carats or greater.
As a result, the importation and entry into the United States,
including importation for admission into a foreign trade zone
located in the United States, of such non-industrial diamonds is
prohibited, except to the extent provided by law, or unless licensed
or otherwise authorized by the Office of Foreign Assets Control.
Lisa M. Palluconi,
Deputy Director, Office of Foreign Assets Control.
February 8, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Determinations Pursuant to Sections 1(a)(i)(A) and 1(a)(i)(D) of
Executive Order 14068
Prohibitions Related to Imports of Diamond Jewelry and Unsorted
Diamonds of Russian Federation Origin and Diamond Jewelry and Unsorted
Diamonds Exported From the Russian Federation
Pursuant to sections 1(a)(i)(A), 1(b), and 5 of Executive Order
(E.O.) 14068 of March 11, 2022 (``Prohibiting Certain Imports,
Exports, and New Investment With Respect to Continued Russian
Federation Aggression''), as amended by E.O. 14114 of December 22,
2023 (``Taking Additional Steps With Respect to the Russian
Federation's Harmful Activities''), and 31 CFR 587.802, and in
consultation with the Department of State and the Department of
Commerce, I hereby determine that the prohibitions in section
1(a)(i)(A) of E.O. 14068 shall apply to the following products of
Russian Federation origin: diamond jewelry and unsorted diamonds.
Pursuant to sections 1(a)(i)(D), 1(b), and 5 of E.O. 14068 and
31 CFR 587.802, and in consultation with the Department of State,
the Department of Commerce, and the Department of Homeland Security,
I hereby determine that the prohibitions in section 1(a)(i)(D) of
E.O. 14068 shall apply to the following products that were exported
from the Russian Federation: diamond jewelry and unsorted diamonds.
As a result, the importation and entry into the United States,
including importation for admission into a foreign trade zone
located in the United States, of diamond jewelry and unsorted
diamonds of Russian Federation origin and diamond jewelry and
unsorted diamonds exported from the Russian Federation is
prohibited, except to the extent provided by law, or unless licensed
or otherwise authorized by the Office of Foreign Assets Control.
This determination shall take effect on March 1, 2024.
Lisa M. Palluconi,
[[Page 16452]]
Deputy Director, Office of Foreign Assets Control.
February 8, 2024.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2024-04855 Filed 3-6-24; 8:45 am]
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