Presidential Documents

14381 

Federal Register 

Vol. 87, No. 50 

Tuesday, March 15, 2022 

Title 3— 

The President 

Executive Order 14068 of March 11, 2022 

Prohibiting Certain Imports, Exports, and New Investment 

With Respect to Continued Russian Federation Aggression 

By the authority vested in me as President by the Constitution and the 

laws of the United States of America, including the International Emergency 

Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United 

States Code, 

I, JOSEPH R. BIDEN JR., President of the United States of America, in 

order to take additional steps with respect to the national emergency declared 

in Executive Order 14024 of April 15, 2021, relied on for additional steps 

taken in Executive Order 14039 of August 20, 2021, and expanded by 

Executive Order 14066 of March 8, 2022, hereby order: 

Section 1. (a) The following are prohibited: 

(i) the importation into 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; 

(ii) the exportation, reexportation, sale, or supply, directly or indirectly, 

from the United States, or by a United States person, wherever located, 

of luxury goods, and any other items as may be determined by the Secretary 

of Commerce, in consultation with the Secretary of State and the Secretary 

of the Treasury, to any person located in the Russian Federation; 

(iii) new investment in any sector of the Russian Federation economy 

as may be determined by the Secretary of the Treasury, in consultation 

with the Secretary of State, by a United States person, wherever located; 

(iv) the exportation, reexportation, sale, or supply, directly or indirectly, 

from the United States, or by a United States person, wherever located, 

of U.S. dollar-denominated banknotes to the Government of the Russian 

Federation or any person located in the Russian Federation; and 

(v) any approval, financing, facilitation, or guarantee by a United States 

person, wherever located, of a transaction by a foreign person where 

the transaction by that foreign person would be prohibited by this section 

if performed by a United States person or within the United States. 

(b) The prohibitions in subsection (a) of this section apply except to 

the extent provided by statutes, or in regulations, orders, directives, or 

licenses that may be issued pursuant to this order, or pursuant to the 

export control authorities implemented by the Department of Commerce, 

and notwithstanding any contract entered into or license or permit granted 

prior to the date of this order. 

Sec. 2. (a) Any transaction that evades or avoids, has the purpose of evading 

or avoiding, causes a violation of, or attempts to violate any of the prohibitions set forth in this order is prohibited. 

(b) Any conspiracy formed to violate any of the prohibitions set forth 

in this order is prohibited. 

Sec. 3. Nothing in this order shall prohibit transactions for the conduct 

of the official business of the Federal Government or the United Nations 

(including its specialized agencies, programs, funds, and related organizations) by employees, grantees, or contractors thereof. 


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14382 Federal Register / Vol. 87, No. 50 / Tuesday, March 15, 2022 / Presidential Documents 

Sec. 4. For the purposes of this order: 

(a) the term ‘‘entity’’ means a partnership, association, trust, joint venture, 

corporation, group, subgroup, or other organization; 

(b) the term ‘‘person’’ means an individual or entity; 

(c) the term ‘‘Government of the Russian Federation’’ means the Government of the Russian Federation, any political subdivision, agency, or instrumentality thereof, including the Central Bank of the Russian Federation, 

and any person owned, controlled, or directed by, or acting for or on 

behalf of, the Government of the Russian Federation; and 

(d) the term ‘‘United States person’’ means any United States citizen, 

lawful permanent resident, entity organized under the laws of the United 

States or any jurisdiction within the United States (including foreign 

branches), or any person in the United States. 

Sec. 5. The Secretary of the Treasury and the Secretary of Commerce, in 

consultation with the Secretary of State, are hereby authorized to take such 

actions, including the promulgation of rules and regulations, and to employ 

all powers granted to the President by IEEPA, as may be necessary to 

carry out the purposes of this order. The Secretary of the Treasury and 

the Secretary of Commerce may, consistent with applicable law, redelegate 

any of these functions within the Department of the Treasury and the Department of Commerce, respectively. All executive departments and agencies 

of the United States shall take all appropriate measures within their authority 

to implement this order. 

Sec. 6. (a) Nothing in this order shall be construed to impair or otherwise 

affect: 

(i) the authority granted by law to an executive department or agency, 

or the head thereof; or 

(ii) the functions of the Director of the Office of Management and Budget 

relating to budgetary, administrative, or legislative proposals. 

(b) This order shall be implemented consistent with applicable law and 

subject to the availability of appropriations. 


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(c) This order is not intended to, and does not, create any right or benefit, 

substantive or procedural, enforceable at law or in equity by any party 

against the United States, its departments, agencies, or entities, its officers, 

employees, or agents, or any other person. 

THE WHITE HOUSE, 

March 11, 2022. 

[FR Doc. 2022–05554 

Filed 3–14–22; 8:45 am] 

Billing code 3395–F2–P 


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