Who is responsible for US sanctions?

The Office of Foreign Assets Control (“OFAC”) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities …

Why do countries impose sanctions?

Economic sanctions are usually imposed by a larger country upon a smaller country for one of two reasons: either the latter is a perceived threat to the security of the former nation or that country treats its citizens unfairly.

What happens when the US sanctions a country?

But for the country being sanctioned, the results can be enormous and long-lasting. The U.S. sanctions countries that sponsor terrorism or perpetrate human rights violations on their people.

What is OFAC sanctions programs and country information?

Sanctions Programs and Country Information | U.S. Department of the Treasury Sanctions Programs and Country Information OFAC administers a number of different sanctions programs. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals.

What are embargoes and sanctions in the United States?

As of 2014 the federal government of the United States imposes several embargoes and economic sanctions against different countries and activities, the most notable of them aimed against countries which the U.S. government has declared “State Sponsors of Terrorism”.

Which countries have the longest sanctions against them?

Countries with the longest-standing sanctions against them include Cuba, Iran, North Korea, and Syria. Who Receives U.S. Sanctions? What does a country need to do to attract the ire of the United States?