[Federal Register Volume 89, Number 186 (Wednesday, September 25, 2024)]
[Rules and Regulations]
[Pages 78245-78247]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-21798]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 587


Publication of Russian Harmful Foreign Activities Sanctions 
Regulations Determinations

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of determinations.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing one determination issued pursuant to an 
April 15, 2021 Executive order, as amended on December 22, 2023. OFAC 
is also publishing one new and one amended determination issued 
pursuant to a March 11, 2022 Executive order, as amended on December 
22, 2023. The determinations were previously issued on OFAC's website.

DATES: The Determination Pursuant to Section 11(a)(ii) of Executive 
Order 14024 took effect on December 22, 2023. See SUPPLEMENTARY 
INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Compliance, 202-622-2490 or 
https://ofac.treasury.gov/contact-ofac.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: https://ofac.treasury.gov.

Background

    On April 15, 2021, the President, invoking the authority of, inter 
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 
et seq.) (IEEPA), issued Executive Order (E.O.) 14024, ``Blocking 
Property With Respect To Specified Harmful Foreign Activities of the 
Government of the Russian Federation'' (86 FR 20249, April 19, 2022).
    On December 22, 2023, the President, invoking the authority of, 
inter alia, IEEPA, issued E.O. 14114, ``Taking Additional Steps With 
Respect to the Russian Federation's Harmful Activities'' (88 FR 89271, 
December 26, 2023). Among other things, E.O. 14114 amends E.O. 14024 to 
redesignate section 11 as section 12 and add a new section 11. Section 
11(a) of E.O. 14024, as amended, provides that the Secretary of the 
Treasury, in consultation with the Secretary of State, and with respect 
to subsection (a)(ii) of this section, in consultation with the 
Secretary of State and the Secretary of Commerce, is hereby authorized 
to impose on a foreign financial institution the sanctions described in 
subsection (b) of this section, upon determining that the foreign 
financial institution has met the criteria in section 11(a)(i) or 
section 11(a)(ii). Section 11(a)(ii) of E.O. 14024, as amended, 
authorizes the imposition of sanctions on a foreign financial 
institution that has conducted or facilitated any significant 
transaction or transactions, or provided any service, involving 
Russia's military-industrial base, including the sale, supply, or 
transfer, directly or indirectly, to the Russian Federation of any item 
or class of items as may be determined by the Secretary of the 
Treasury, in consultation with the Secretary of State and the Secretary 
of Commerce.
    E.O. 14114 also amends E.O. 14068 by striking subsection (a)(i) of 
section 1 of E.O. 14068 and inserting a new subsection (a)(i). 
Subsection (a)(i)(A) of E.O. 14068, as amended, provides that the 
importation and entry into the United States, including importation for 
admission into a foreign trade zone located in the United States, of 
the following products of Russian Federation origin: fish, seafood, and 
preparations thereof; alcoholic beverages; non-industrial diamonds; and 
any other products of Russian Federation origin, as may be determined 
by the Secretary of the Treasury, in consultation with the Secretary of 
State and the Secretary of Commerce is prohibited.
    Subsection (a)(i)(B) of E.O. 14068, as amended, provides that the 
importation and entry into the United States, including importation for 
admission into a foreign trade zone located in the United States, of 
categories of any of the following products as may be determined by the 
Secretary of the Treasury, in consultation with the Secretary of State, 
the Secretary of Commerce, and the Secretary of Homeland Security, that 
were mined, extracted, produced, or manufactured wholly or in part in 
the Russian Federation, or harvested in waters under the jurisdiction 
of the Russian Federation or by Russia-flagged vessels, notwithstanding 
whether such products have been incorporated or substantially 
transformed into other products outside of the Russian Federation: 
fish, seafood, and preparations thereof; diamonds; and any other such 
products as may be determined by the Secretary of the Treasury, in 
consultation with the Secretary of State, the Secretary of Commerce, 
and the Secretary of Homeland Security is prohibited.
    On December 22, 2023, pursuant to delegated authority, the Director 
of OFAC, in consultation with the Secretary of State and the Secretary 
of Commerce, issued a determination identifying certain items or 
classes of items pursuant to section 11(a)(ii) of E.O.14024, as amended 
by E.O. 14114. Also on December 22, 2023, pursuant to delegated 
authority, the Director of OFAC, in consultation with the Department of 
State, the Department of Commerce, and the Department of Homeland 
Security, issued a determination pursuant to sections 1(a)(i)(B), 1(b), 
and 5 of E.O. 14068 to determine that the prohibitions in section 
1(a)(i)(B) of E.O. 14068 shall apply to certain categories of fish, 
seafood, and preparations thereof. Additionally, on December 22, 2023, 
the Director of OFAC, in consultation with the Department of State and 
the Department of Commerce, re-issued an amended determination pursuant 
to sections 1(a)(i)(A), 1(b), and 5 of E.O. 14068 that had previously 
determined that the prohibitions in section 1(a)(i) of E.O. 14068 
applied to gold of Russian Federation origin. Each determination was 
made available on OFAC's website (https://ofac.treasury.gov) when it 
was issued. The text of these determinations is below.

OFFICE OF FOREIGN ASSETS CONTROL

Determination Pursuant to Section 11(a)(ii) of Executive Order 14024

    Section 11(a)(ii) of Executive Order (E.O.) 14024 of April 15, 2021 
(``Blocking Property With Respect To

[[Page 78246]]

Specified Harmful Foreign Activities of the Government of the Russian 
Federation''), as amended by E.O. of December 22, 2023 (``Taking 
Additional Steps With Respect to the Russian Federation's Harmful 
Activities''), authorizes the Secretary of the Treasury, in 
consultation with the Secretary of State and the Secretary of Commerce, 
to impose sanctions on a foreign financial institution upon determining 
that the foreign financial institution has conducted or facilitated any 
significant transaction or transactions, or provided any service, 
involving Russia's military-industrial base, including the sale, 
supply, or transfer, directly or indirectly, to the Russian Federation, 
of any item or class of items as may be determined by the Secretary of 
the Treasury, in consultation with the Secretary of State and the 
Secretary of Commerce.
    To further address the unusual and extraordinary threat to the 
national security, foreign policy, and economy of the United States 
described in E.O. 14024, as amended, and in consultation with the 
Department of State and the Department of Commerce and pursuant to 31 
CFR 587.802, I hereby determine that section 11(a)(ii) of E.O. 14024 
shall apply to items or classes of items listed in the Annex to this 
determination.
    This determination shall take effect on December 22, 2023.

Bradley T. Smith,
Director, Office of Foreign Assets Control.

    Dated: December 22, 2023.

   Annex to Determination Regarding Certain Items or Class of Items of
                            December 22, 2023
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                                           Items determined pursuant to
                                            E.O. 14024, Sec. 11(a)(ii)
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Certain machine tools and manufacturing  Numerically controlled (CNC)
 equipment.                               machine tools.
                                         Additive manufacturing (AM)
                                          machine tools.
                                         Semiconductor manufacturing
                                          equipment.
Certain manufacturing materials for      Silicon boules.
 semiconductors and related electronics. Silicon wafers.
                                         Photoresist materials.
                                         Bare printed circuit boards
                                          (PCBs).
                                         Printed circuit board (PCB)
                                          substrates.
Certain electronic test equipment......  Oscilloscopes.
                                         Automated test equipment.
                                         Data acquisition systems.
                                         Signal generators.
                                         Pulse generators.
                                         Spectrum analyzers.
Certain propellants, chemical            Nitrocellulose.
 precursors for propellants and          Smokeless powder.
 explosives.                             Research Department eXplosive
                                          (RDX, also known as Royal
                                          Demolition eXplosive,
                                          cyclonite, hexogen).
                                         High Melting eXplosive (HMX,
                                          also known as High-Molecular-
                                          Weight RDX, octogen,
                                          cyclotetramethylenetetranitram
                                          ine).
Certain lubricants and lubricant         Turbine oil.
 additives.                              Turbine oil additives.
Certain bearings.......................  High-precision ball and roller
                                          bearings
                                         Angular contact (spindle)
                                          bearings
Certain advanced optical systems.......  Thermal sights.
                                         Thermal imaging arrays.
                                         Infrared focal plane arrays.
                                         Image intensifier tubes (IITs).
Certain navigation instruments.........  Inertial navigation systems
                                          (INS).
                                         Inertial measurement units
                                          (IMUs).
                                         Fiber-optic gyroscopes (FOGs).
------------------------------------------------------------------------

OFFICE OF FOREIGN ASSETS CONTROL

Determination Pursuant to Section 1(a)(i)(B) of Executive Order 14068

Prohibitions Related to Imports of Certain Categories of Fish, Seafood, 
and Preparations Thereof

    Pursuant to section 1(a)(i)(B), 1(b), and 5 of Executive Order 
(E.O.) 14068 of March 11, 2022 (``Prohibiting Certain Imports, Exports, 
and New Investment With Respect to Continued Russian Federation 
Aggression''), as amended by E.O. of December 22, 2023 (``Taking 
Additional Steps With Respect to the Russian Federation's Harmful 
Activities''), and 31 CFR 587.802, and in consultation with the 
Department of State, the Department of Commerce, and the Department of 
Homeland Security, I hereby determine that the prohibitions in section 
1(a)(i)(B) of E.O. 14068 shall apply to the following categories of 
fish, seafood, and preparations thereof, that were produced wholly or 
in part in the Russian Federation, or harvested in waters under the 
jurisdiction of the Russian Federation or by Russia-flagged vessels, 
notwithstanding whether such fish, seafood, and preparations thereof 
have been incorporated or substantially transformed into another 
product outside of the Russian Federation: salmon, cod, pollock, and 
crab. As a result, the importation and entry into the United States, 
including importation for admission into a foreign trade zone located 
in the United States, of such salmon, cod, pollock, or crab is 
prohibited, except to the extent provided by law, or unless licensed or 
otherwise authorized by the Office of Foreign Assets Control.
    This determination shall take effect on December 22, 2023.

Bradley T. Smith,
Director, Office of Foreign Assets Control.

    Dated: December 22, 2023.

[[Page 78247]]

OFFICE OF FOREIGN ASSETS CONTROL

Determination Pursuant to Section 1(a)(i)(A) of Executive Order 14068

Prohibitions Related to Imports of Gold of Russian Federation Origin 
(as Amended) \1\
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    \1\ A prior version of this determination prohibited the same 
activities. This amended version of the determination reflects 
technical, non-substantive changes in light of an amendment to 
Executive Order 14068.
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    Pursuant to sections 1(a)(i)(A), 1(b), and 5 of Executive Order 
(E.O.) 14068 of March 11, 2022 (``Prohibiting Certain Imports, Exports, 
and New Investment With Respect to Continued Russian Federation 
Aggression''), as amended by E.O. of December 22, 2023 (``Taking 
Additional Steps with Respect to the Russian Federation's Harmful 
Activities''), and 31 CFR 587.802, the Director of the Office of 
Foreign Assets Control, in consultation with the Department of State 
and the Department of Commerce, hereby determines that the prohibitions 
in section 1(a)(i)(A) of E.O. 14068 shall apply to gold of Russian 
Federation origin. As a result, the importation into the United States 
of gold of Russian Federation origin is prohibited, except to the 
extent provided by law, or unless licensed or otherwise authorized by 
the Office of Foreign Assets Control.
    This determination excludes gold of Russian Federation origin that 
was located outside of the Russian Federation prior to June 28, 2022.
    This determination became effective upon June 28, 2022.

Bradley T. Smith,
Director, Office of Foreign Assets Control.

    Dated: December 22, 2023.

Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-21798 Filed 9-24-24; 8:45 am]
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