13. Where can I find information on trade sanctions?
The Office of
Foreign Assets Control of the U.S. Dept. of Treasury - administers and enforces
economic and trade sanctions against targeted foreign coutnries, terrorism sponsoring
organizations and international narcotics traffickers based on U.S. foreign policy and
national security goals. OFAC acts under Presidential wartime and national emergency
powers, as well as authority granted by specific legislation, to impose controls on
transactions and freeze foreign assets under U.S. jurisdiction. Many of the
sanctions are based on United Nations and other international mandates, are multilateral
in scope, and involve close cooperation with allied governments. For information,
Office of Foreign Assets Control
U.S. Dept. of Treasury
Washington, DC 20220
Phone: (202) 622-2490
Toll Free: (800) 540-6322
Much of the information available from OFAC can be accessed on its Internet site: http://www.treas.gov/ofac/ and its Fax-on-Demand service. The automated Fax-on-Demand service is free and is available 24 hours a day, seven days a week by dialing (202) 622-0077 from any touch tone phone and following voice prompts. OFAC documents kept up to date on the system include all those available on the web site as well as notices, such as General Notice No. 1, licensing guidelines, and copies of Federal Register notices (often including notices filed, but not yet printed in the Federal Register, such as the North Korean census requirement). The "Index of Available Documents" is date-specific.