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Code · U.S. Code · Title 50 - WAR AND NATIONAL DEFENSE · CHAPTER 35— INTERNATIONAL EMERGENCY ECONOMIC POWERS · § 104

§ 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE ACTIVITIES BY IRAN AND DISRUPT AND DEGRADE HIZBALLAH’S ILLICIT NETWORKS.

145 words·~1 min read·/usc/title-50/section-104

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“Not later than 180 days after the date of the enactment of the Hizballah International Financing Prevention Amendments Act of 2018 [ Oct. 25, 2018 ], the President shall instruct the Secretary of State, in consultation with the Secretary of the Treasury, to increase cooperation with foreign governments to assist in strengthening the capacity of such governments to prevent hostile activity by Iran and disrupt and degrade Hizballah’s illicit activities, including diplomatic engagement that involves— efforts to target and expose illicit finance networks, arrest perpetrators, freeze assets, and address Iran and Hizballah’s use of illicit financial networks using international trade and banking systems; efforts to assist willing governments with the development of counter-organized crime legislation, the strengthening of financial investigative capacity, and a fully-vetted counter-organized crime judicial model in jurisdictions plagued with corruption; and efforts to persuade governments to list Hizballah as a terrorist organization.
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