The Treasury’s Office of Foreign Assets Control on Aug. 6 updated an entry on its Specially Designated Nationals List to include additional locations, addresses and other identifying information for Fadi Hussein Serhan. Serhan was designated in 2015 for acting as a Hizballah procurement agent and general manager of Beirut-based Vatech SARL, which he used to buy “sensitive technology and equipment for Hizballah,” according to OFAC.
The United Nations on July 30 issued North Korean sanctions exemptions to two companies to allow them to export agricultural-related goods to North Korea. The two companies, Italy-based Agrotec SPA and Germany-based Deutsche Welthungerhilfe, are authorized to send North Korea goods for humanitarian purposes, including “improving food security” and the health of North Korean citizens.
The Treasury’s Office of Foreign Assets Control issued a set of frequently asked questions and amended the Iranian Financial Sanctions Regulations to implement a May executive order that imposed sanctions on Iran iron, steel, aluminum and copper, OFAC said in a notice scheduled to be published in the Aug. 7 Federal Register. The executive order was intended to cut off revenue streams from Iran’s metals sectors that fund the country’s nuclear weapons program, the notice said. The amendments to the sanctions regulations change the heading “Iranian Human Rights Abuses Sanctions Regulations” to the “Iranian Sector and Human Rights Abuses Sanctions Regulations” to reflect U.S. sanctions on Iran’s metal sectors.
U.S. sanctions on Iran will force the country to come to the negotiating table but may be permanently damaging U.S. relationships with other trading partners, said James Cartwright, a former vice chairman of the Joint Chiefs of Staff and a current board director for the Atlantic Council.
Iran said it may take a “third step” to further breach the Joint Comprehensive Plan of Action if the agreement’s parties do not do more to mitigate the U.S.’s 2018 withdrawal from the JCPOA, the country’s Ministry of Foreign Affairs said in an Aug. 1 press conference. Iran also called on the agreement's parties to help mitigate the impacts of U.S. sanctions. “Sanctions make fulfilling some of our promises harder … [but] one of the opportunities that sanctions provide us is increased empathy and cooperation among us,” Iran said. Iran last month surpassed the enriched uranium limit that was agreed to as part of the JCPOA, sparking concern from the European Union and additional threats of sanctions by the U.S. (see 1907080019).
The Office of the High Commissioner for the United Nations Human Rights issued a report calling for sanctions against Myanmar and companies run by the country’s military, the OHCHR said in an Aug. 5 press release. The report also calls for an arms embargo and cites 14 foreign companies from seven nations that have exported “fighter jets, armored combat vehicles, warships, missiles and missile launchers” to Myanmar since 2016. The sanctions and arms embargo will weaken the country’s military and stop Myanmar from committing human rights violations, OHCHR said. The report specifically mentions Myanmar companies Myanmar Economic Holdings Limited and Myanmar Economic Corporation, which it said are owned by military leaders. The two companies control “at least 120 businesses involved in everything from construction to pharmaceuticals, manufacturing, insurance, tourism and banking,” the press release said.
The Treasury’s Office of Foreign Assets Control on Aug. 3 issued a “Russia-related directive” and a set of frequently asked questions to pair with President Donald Trump’s Aug. 1 executive order on chemical and biological weapons sanctions.
The European Union council removed two people from its Libya sanctions list, the EU said Aug. 2. The EU delisted Abdussalam Mohammed Abdussalam and Abdulqader Mohammed al-Baghdadi.
President Donald Trump issued an executive order on Aug. 1 to give the State and Treasury departments the ability to impose more sanctions on countries using chemical or biological weapons. The new sanctions include restrictions on financial loans by international banks, blocking measures and trade controls.
The U.S. publicly sanctioned two Venezuelan military officials for “gross violations of human rights,” the State Department said Aug. 2. The agency said the U.S. sanctioned Rafael Enrique Bastardo Mendoza, commander of Venezuela’s police special forces, and Ivan Rafael Hernandez Dala, commander of military counter intelligence, for acts that were “documented extensively in the July 5, 2019 report by the United Nations High Commissioner for Human Rights ... [that] noted at least 7,523 extrajudicial killings documented by a Venezuelan non-governmental organization.” Secretary of State Mike Pompeo said in a statement that “in addition to the designation of Bastardo and Hernandez, I am publicly designating Bastardo’s spouse, Jeisy Catherine Leal Andarcia, and Hernandez’s spouse, Luzbel Carolina Colmenares Morales, as well as the minor children of both officials.”