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Côte d'Ivoire (Ivory Coast)Q: What is the source of the sanctions against Côte d'Ivoire (Ivory Coast)?A: Following a United Nations (UN) Security Council Resolution declaring that the situation in Côte d'Ivoire poses a threat to international peace and security in the region, the President issued an executive order blocking the property of people contributing to the political and social unrest in Côte d'Ivoire. Q: Who do the sanctions affect? A: They prohibit U.S. persons from engaging in any transactions with any person, entity or organization that: Constitutes a threat to the peace and reconciliation process in Côte d'Ivoire; Is in serious violation of International law in Côte d'Ivoire; Has supplied, sold or transferred arms or assistance, advice or training related to military activities to Côte d'Ivoire; Has publicly incited violence and hatred contributing to the conflict; or Has provided material, financial or technical assistance to anyone listed above or otherwise designated under the regulations. Q: What are some examples of prohibited transactions? A: Exports, imports, trade brokering, and other financial transactions. Q: What obligations do U.S. persons have regarding the property of persons designated under these regulations? A: U.S. persons are required to block any property of these individuals or entities that is in the U.S., or that comes under a U.S. person's control in another country. Q: Where can one find the names of the people and organizations designated based on these sanctions? A: They are on the Office of Foreign Assets Control's list of Specially Designated Nationals and Blocked Persons (SDN) with the code [COTED] at the end of their description. |