United States Imposes Sanctions on Turkey under CAATSA Section 231 for Purchase of Russian Missile System lexology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lexology.com Daily Mail and Mail on Sunday newspapers.
On December 14, 2020, the United States (
US) imposed sanctions on Turkey pursuant to Countering America’s Adversaries Through Sanctions Act (
CAATSA) for “knowingly engaging in a significant transaction with Rosoboronexport (
ROE), Russia’s main arms export entity, by procuring the S-400 surface-to-air missile system.”
Background
In July 2019, Turkey closed the purchase deal with Russia.
On October 14, 2019, in response to Turkey’s military offensive into northeast Syria the Office of Foreign Assets Control (
OFAC) of the US Department of the Treasury designated two ministries of the Turkish Government and three Turkish Ministers on the Specially Designated Nationals (
SDN) List.
On October 23, 2019, President Trump announced that he was lifting the October 14, 2019 sanctions against Turkey.
To embed, copy and paste the code into your website or blog:
On December 14, 2020, the U.S. Department of State initiated a series of sanctions pursuant to Section 231 of the Countering America’s Adversaries Through Sanctions Act (CAATSA) that target the Turkish Presidency of Defense Industries (SSB). The sanctions deny new U.S. export licenses to SSB and limit the SSB’s access to credit from U.S. and international financial institutions. In addition, the Office of Foreign Assets Control (OFAC) designated several principal executive officers of SSB as Specially Designated Nationals (SDNs). However, the U.S. action is calibrated, and does not designate SSB or its affiliates as SDNs, nor does it apply broader sanctions on Turkey or the Turkish defense industry.
US Government removes Sudan from State Sponsor of Terrorism list
On December 14, 2020, the US Government announced Sudan’s removal from the list of State Sponsors of Terrorism (the “SST List”). This rescission of Sudan as an SST follows an agreement in October for Sudan to be removed from the list and the lapse of a 45 day congressional notification period. The federal register notice regarding the rescission is available here. As detailed in our previous blog post here, the US Government revoked Sudan sanctions in October 2017, but Sudan’s continuing inclusion on the SST List resulted in lingering stringent export and investment restrictions. The removal of Sudan from the SST List marks another fundamental change in removing trade restrictions and encouraging greater collaboration and support for transactions with Sudan.
Trump administration imposes more sanctions on Syria Tuesday, 22 December 2020 7:35 PM
[ Last Update: Tuesday, 22 December 2020 7:37 PM ] Syrian President Bashar al-Assad
The administration of US President Donald Trump has imposed a new round of sanctions to ramp up pressure on the government of Syrian President Bashar al-Assad before US president-elect Joe Biden takes office in January.
Syria s Central Bank, high-ranking figures and economic entities supportive of Damascus were targeted in the fresh US Treasury s sanctions. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a high-ranking official in the Syrian government; her husband, a member of the Syrian People’s Assembly; and their business entities, read a statement released on Tuesday by the US Treasury Department.