Sec. 104. Authorization of imposition of sanctions with respect to governments that fail to comply with United Nations Security Council sanctions against North Korea
353 words·~2 min read·
/bill/115/s/1591/is/section-104A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 90 days after the date of the enactment of this Act, the President shall brief the appropriate congressional committees regarding each government of a foreign country that the President has identified as failing to— close the branches, subsidiaries, or representative offices of North Korean financial institutions in that country; expel representatives of North Korean financial institutions; close the representative offices and expel the representatives of persons designated under applicable United Nations Security Council resolutions; prohibit joint ventures with North Korean financial institutions; deregister any vessel that constitutes North Korean covered property; or expel North Korean nationals, including diplomats, working on behalf of persons designated under applicable United Nations Security Council resolutions.
The Secretary of the Treasury shall publish in the Federal Register the names of each foreign country that has failed to carry out the activities described in paragraphs
(1)through
(6)of subsection (a). With respect to any government of a foreign country included in the briefing under subsection (a), the President may, until such time as the President determines that the government has taken substantial steps to terminate conduct described in that subsection, impose one or more of the following sanctions with respect to that government: Prohibit or curtail the export of any goods or technology to that foreign country pursuant to the authorities provided in section 6 of the Export Administration Act of 1979 ( 50 U.S.C. 4605 ) (as continued in effect pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq.)). Withhold assistance under the Foreign Assistance Act of 1961 ( 22 U.S.C. 2151 et seq.) to that government. Instruct the United States executive director at each international financial institution (as defined in section 1701(c) of the International Financial Institutions Act ( 22 U.S.C. 262r(c) )) to use the voice and vote of the United States to oppose the provision of loans, benefits, or other use of the funds of the institution to that government. This section shall not be construed to limit the use of other sanctions authorities available to the President in response to conduct described in subsection (a).
Connectionstraces to 3
Traces to 3 documents
1 reference not yet in our index
- 50 USC 4605
Citation graph
cites case law
Sec. 104
Authorization of imposition of sanctions with respect to governments that fail to comply with United Nations Security Council sanctions against North Korea
Cite50 USC 4605
Cites 4Cited by 0 across 0 sources