FACTBOX-Sanctions on Zimbabwe

noreply@blogger.com (Sdudla) — Mon, 26 Jan 2009 13:16:00 +0000

Jan 26 (Reuters) - The European Union added individuals and
firms to a sanctions list on Zimbabwe on Monday and called for a
probe into Harare's diamond industry.

Below are details of sanctions and restrictions in place
against Zimbabwe.

* VISA BANS AND ASSET FREEZES:

-- The United States first imposed sanctions in March 2003
and later widened them to apply to about 250 people accused of
undermining democracy. The U.S. sanctions also bar Americans
from engaging in any transactions or dealings with them.
-- In July, the Treasury Department said it would seek to
freeze assets of 17 Zimbabwean enterprises. The United States
also threatened in September to impose new sanctions against
President Robert Mugabe if he reneged on a power-sharing deal.

-- The European Union imposed a visa ban on Mugabe and 19
top officials in 2002 because of Zimbabwe's treatment of
observers sent to monitor presidential elections.

-- The number was later expanded and last month, the EU
added 11 more names to the list of 160 Zimbabweans, including
Mugabe, who are banned from visiting the bloc.

-- On Monday, the EU added a further 27 individuals and 36
companies to the list of banned allies of Mugabe because of
their links to suspected human rights abuses, EU officials said.

-- The sanctions list now includes for the first time
companies registered in the EU, including in Britain, diplomats
have said, without naming the firms.

-- Australia said in December it would impose financial and
visa restrictions on four extra companies and 75 more people who
are known supporters of Mugabe's government. The move means 258
Mugabe supporters face bans on travel to or through Australia,
and restrictions on financial transactions involving Australia.

* ARMS EMBARGOES:

-- The United States has a ban on transfers of defence items
and services, and a suspension of non-humanitarian
government-to-government assistance.

-- The European Union has an embargo on the sale and supply
of arms and technical advice and of equipment which could be
used for internal repression in Zimbabwe.

-- The embargo also prohibits technical and financial
assistance related to military activities.

-- In September, Canada banned arms exports, freezing the
assets of top Zimbabwean officials and banning its aircraft from
flying over or landing in Canada.

* DIPLOMATIC ISOLATION:

-- The Commonwealth group of mainly former British colonies
suspended Zimbabwe in early 2002 on the grounds that Mugabe had
rigged his re-election and persecuted his opponents. Zimbabwe
formally withdrew from the 54-nation group in 2003 after the
suspension was extended indefinitely.

-- The International Monetary Fund suspended technical
assistance to Zimbabwe in 2002 over its failure to clear arrears
and address its dire economic and social crisis.

-- It has averted expulsion by making small payments towards
clearing arrears.

-- Britain's Queen Elizabeth has stripped Mugabe of an
honorary knighthood awarded in 1994.

* SPORT:

-- A 2007 cricket tour of Zimbabwe by Australia was
cancelled on the orders of Australia's government.

-- Cricket South Africa, which had been one of Zimbabwe's
strongest backers, suspended domestic agreements with the
Zimbabwe Cricket Union last June.

-- Days later, the England and Wales Cricket Board cancelled
Zimbabwe's 2009 tour of England under instructions from the
British government. The ECB said it had suspended all bilateral
arrangements with Zimbabwe Cricket.

-- The International Cricket Council said on July 4
that Zimbabwe had agreed to skip the 2009 World Twenty20 in
England to end a deadlock over demands that the African nation
be suspended.

Sources: Reuters/EU//www.state.gov

ZIMBABWE TARGETED SANCTIONS DOC.

noreply@blogger.com (Sdudla) — Sun, 19 Oct 2008 11:46:00 +0000

- 1 -
Office of Foreign Assets Control
U.S. Department of the Treasury
What You Need To The U.S. Embargo

ZIMBABWE

Executive Order - Blocking Property of Additional Persons Undermining
Democratic Processes or Institutions in Zimbabwe
What You Need To Know About U.S. Sanctions

􀂄 INTRODUCTION - On March 7, 2003, as a result of actions and
policies by certain members of the government of Zimbabwe,
and its supporters to undermine democratic institutions and
processes in Zimbabwe, President Bush issued Executive
Order 13288 imposing sanctions against specifically identified
individuals and entities in Zimbabwe.

On November 23, 2005,the President issued a new Executive Order superseding E.O.
13288. The new Executive Order expands the list of sanctions
targets to include immediate family members of any designated
individual of the Zimbabwe sanctions, as well as those persons
providing assistance to any sanctions target.

Providing statutory authority for these sanctions is the International Emergency
Economic Powers Act (“IEEPA”), the National Emergencies Act
and sections 301 of title 3 of the United States Code.
This fact sheet provides general information about the Zimbabwe
sanctions program imposed by the new Executive Order and
administered by the U.S. Treasury Department’s Office of Foreign
Assets Control (“OFAC”).

􀂄 PROHIBITED TRANSACTIONS –

The new Executive Order prohibits U.S. persons, wherever located, or anyone in the
United States from engaging in any transactions with any
person, entity or organization found to:

1.) be undermining democratic institutions and processes in Zimbabwe;

2.) have materially assisted, sponsored, or provided financial, material,
or technological support to these entities;

3.) be or have been an immediate family member of a sanctions target;
or
4.) be owned, controlled or acting on behalf of a sanctions target.
Persons, entities and organizations referenced in Annex A of
the Executive Order are all incorporated into OFAC’s list of
Specially Designated Nationals (SDNs).

Prohibited transactions include, but are not limited to, exports (direct and indirect),imports (direct and indirect), trade brokering, financing and
facilitation, as well as most financial transactions. Attempts to
evade or avoid these sanctions are also prohibited. These
prohibitions also extend to any person, organization or entity
found to be owned, controlled or acting on behalf of any
Zimbabwe entity included on the SDN list.

Under the Executive Order, U.S. persons are also required to
block any property of any Zimbabwe Specially Designated
Nationals that is in the United States, that comes into the United
States, or that comes under the control of a U.S. person wherever
located.

The term property includes, but is not limited to,
money, checks, drafts, bank accounts, securities and other
financial instruments, letters of credit, bills of sales, bills of
lading and other evidences of title, wire transfers, merchandise
and goods.

Blockable property also includes any property in
which there is any interest of a Zimbabwe SDN, including
direct, indirect, future or contingent, and tangible or intangible
interests.

Foreign branches and representative offices of U.S. companies,
as well as U.S. branches and representative offices of foreign
companies are considered U.S. persons for purposes of these
prohibitions.

Transactions that do not involve any of the Zimbabwe SDNs,
or any person or entity believed to be owned, controlled or
acting on behalf of a Zimbabwe SDN are not prohibited by the
new Executive Order.

􀂄 PENALTIES -

Criminal fines for violating the Executive Order or regulations to be issued pursuant to the Executive Order may range up to the greater of $500,000 or twice the
pecuniary gain per violation for an organization, or up to the
greater of $250,000 or twice the pecuniary gain per violation
for an individual.

Individuals may also be imprisoned for up to
10 years for a criminal violation. Knowingly making false
statements or falsifying or concealing material facts when
dealing with OFAC in connection with matters under its
jurisdiction is a criminal offense.

In addition, civil penalties of up to $11,000 per violation may be imposed administratively.

If you have information regarding possible violations of these
sanctions, please call the

Treasury Department’s Office of Foreign Assets Control at 202/622-2430.
Your call will be handled confidentially.

- 2 -

Executive Order issued effective 12:01 eastern standard time on November 23, 2005:
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency
Economic Powers Act (50 U.S.C. 1701 et seq.)

(IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code, and in order to take additional steps with respect to the continued actions and policies of certain persons who undermine Zimbabwe’s democratic processes and with respect to the national emergency described and declared in Executive Order 13288 of March 6, 2003,
I, GEORGE W. BUSH, President of the United States of America, hereby order:

Section 1. The Annex to Executive Order 13288 of March 6, 2003, is replaced and superseded in its entirety by the Annex to this order.

Sec. 2. Section 6 of Executive Order 13288 is renumbered as section 8. Sections 1 through 5 of Executive Order 13288 are replaced with new sections 1
through 7 as follows:

“Section 1. (a) Except to the extent provided in section 203(b)(1), (3), and (4) of IEEPA (50 U.S.C. 1702(b)(1), (3), and (4)), and in regulations, orders,
directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or any license or permit granted prior to the effective date of this order, all property and interests in property of the following persons, 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 United States persons, including their overseas branches, are blocked and may not
be transferred, paid, exported, withdrawn, or otherwise dealt in:

(i) the persons listed in the Annex to this order; and

(ii) any person determined by the Secretary of the Treasury, in consultation with the Secretary of State:

(A) to have engaged in actions or policies to undermine Zimbabwe’s democratic processes or institutions;

(B) to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, such
actions or policies or any person whose property and interests in property are blocked pursuant to this order;

(C) to be or have been an immediate family member of any person whose property and interests in property are blocked pursuant to this order; or

(D) to be owned or controlled by, or acting or purporting to act for or on behalf of, directly or indirectly, any person whose property and interests
in property are blocked pursuant to this order.

(b) I hereby determine that the making of donations of the type of articles specified in section 203(b)(2) of IEEPA (50 U.S.C. 1702(b)(2)) by, to, or
for the benefit of any person whose property and interests in property are blocked pursuant to paragraph (a) of this section would seriously impair my ability
to deal with the national emergency declared in this order, and I hereby prohibit such donations as provided by paragraph (a) of this section.

(c) The prohibitions in paragraph (a) of this section include but are not limited to (i) the making of any contribution or provision of funds, goods, or
services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order, and (ii) the receipt of any contribution
or provision of funds, goods, or services from any such person.

Sec. 2. (a) Any transaction by a United States person or within the United States that evades or avoids, has the purpose of evading or avoiding,
or attempts to violate any of the prohibitions set forth in this order is prohibited.
(b) Any conspiracy formed to violate any of the prohibitions set forth in this order is prohibited.

Sec. 3. For the purposes of this order:
(a) the term “person” means an individual or entity;
(b) the term “entity” means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization; and
(c) the term “United States person” means any United States citizen, permanent resident alien, entity organized under the laws of the United States
or any jurisdiction within the United States (including foreign branches), or any person in the United States.

Sec. 4. For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence
in the United States, I find that, because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken
pursuant to this order would render these measures ineffectual. I therefore determine that, for these measures to be effective in addressing the national emergency declared in this order, there need be no prior notice of a listing or determination made pursuant to section 1(a) of this order.

Sec. 5. The Secretary of the Treasury, in consultation with the Secretary of State, is hereby authorized to take such actions, including the promulgation
of rules and regulations, and to employ all powers granted to the President by IEEPA, as may be necessary to carry out the purposes of this order. The Secretary
of the Treasury may redelegate any of these functions to other officers and agencies of the United States Government, consistent with applicable law. All agencies
of the United States Government are hereby directed to take all appropriate measures within their authority to carry out the provisions of this order and, where
appropriate, to advise the Secretary of the Treasury in a timely manner of the measures taken.

Sec. 6. The Secretary of the Treasury, in consultation with the Secretary of State, is hereby authorized to determine, subsequent to the issuance
of this order, that circumstances no longer warrant the inclusion of a person in the Annex to this order and that the property and interests in property of that
person are therefore no longer blocked pursuant to section 1(a) of this order.

Sec. 7. This order is not intended to create, nor does it create, any right, benefit, or privilege, substantive or procedural, enforceable at law or in
equity by any party against the United States, its departments, agencies, instrumentalities, or entities, its officers or employees, or any other person.”

Sec. 3. This order is not intended to create, nor does it create, any right, benefit, or privilege, substantive or procedural, enforceable at law or in equity by
any party against the United States, its departments, agencies, instrumentalities, or entities, its officers or employees, or any other person.

Sec. 4. This order shall take effect at 12:01 a.m. eastern daylight time, November 23, 2005.

Sec. 5. This order shall be transmitted to the Congress and published in the Federal Register.

- 3 -

This document is explanatory only and does not have the force of law. The Executive Order and implementing regulations to be issued pertaining
to Zimbabwe contain the legally binding provisions governing the sanctions. This document does not supplement or modify the Executive Order
or regulations from a legal perspective.

The Office of Foreign Assets Control also administers sanctions programs involving the Balkans, Burma (Myanmar), Cuba, Diamond Trading, Iran,
Liberia, North Korea, Sudan and Syria, as well as highly enriched uranium, designated Terrorists and international Narcotics Traffickers, Foreign
Terrorist Organizations, and designated foreign persons who have engaged in activities related to the proliferation of weapons of mass destruction.
For additional information about these programs or about sanctions involving the Zimbabwe, please contact the:

OFFICE OF FOREIGN ASSETS CONTROL
U.S. Department of the Treasury
1500 Pennsylvania Avenue, N.W. - Annex
Washington, D.C. 20220
<>
800/540-6322
11-23-05

ZIMBABWE TARGETED SANCTIONS.

FACTBOX-Sanctions on Zimbabwe

ZIMBABWE TARGETED SANCTIONS DOC.