contribute to the national security of the United States, 
and no military or dual-use technology may be exported 
from the United States to such sanctioned country pursu-
ant to such agreement during such period. 
TITLE 
II—SANCTIONS 
TAR-
GETING SYRIA’S ENERGY SEC-
TOR 
SEC. 201. IMPOSITION OF SANCTIONS. 
(a) IMPOSITION OF SANCTIONS.—Except as provided 
in subsection (f), the President shall impose on a person 
the sanctions specified in paragraphs (1) and (2) of sub-
section (b) and one or more of the sanctions specified in 
paragraphs (3) through (6) of subsection (b), if the Presi-
dent determines that such person has, on or after the date 
of the enactment of this Act, made an investment of 
$5,000,000 or more (or any combination of investments 
thereof, which in the aggregate equals or exceeds 
$5,000,000 in any 12-month period), that contributed to 
the enhancement of the Government of Syria’s ability to 
develop petroleum resources in Syria. 
(b) SANCTIONS SPECIFIED.—The sanctions specified 
in this subsection are as follows: 
(1) EXPORT-IMPORT
BANK
ASSISTANCE
FOR 
EXPORTS TO SANCTIONED PERSONS.—The President 
shall direct the Export-Import Bank of the United 
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States not to give approval to the issuance of any 
guarantee, insurance, extension of credit, or partici-
pation in the extension of credit in connection with 
the export of any goods or services to any sanctioned 
person. 
(2) LOANS FROM UNITED STATES FINANCIAL 
INSTITUTIONS.—The United States Government 
shall prohibit any United States financial institution 
from making loans or providing credits to any sanc-
tioned person totaling more than $10,000,000 in 
any 12-month period unless such person is engaged 
in activities to relieve human suffering and such 
loans or credits are provided for such activities. 
(3) EXPORT
SANCTION.—The President may 
order the United States Government not to issue 
any specific license and not to grant any other spe-
cific permission or authority to export any goods or 
technology to a sanctioned person under— 
(A) the Export Administration Act of 
1979; 
(B) the Arms Export Control Act; 
(C) the Atomic Energy Act of 1954; or 
(D) any other statute that requires the 
prior review and approval of the United States 
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Government as a condition for the export or re-
export of goods or services. 
(4) PROHIBITIONS
ON
FINANCIAL
INSTITU-
TIONS.—The following prohibitions may be imposed 
against a sanctioned person that is a financial insti-
tution: 
(A) PROHIBITION
ON
DESIGNATION
AS 
PRIMARY DEALER.—Neither the Board of Gov-
ernors of the Federal Reserve System nor the 
Federal Reserve Bank of New York may des-
ignate, or permit the continuation of any prior 
designation of, such financial institution as a 
primary dealer in United States Government 
debt instruments. 
(B) PROHIBITION ON SERVICE AS A RE-
POSITORY OF GOVERNMENT FUNDS.—Such fi-
nancial institution may not serve as an agent of 
the United States Government or serve as re-
pository for United States Government funds. 
The imposition of either sanction under subpara-
graph (A) or (B) shall be treated as one sanction for 
purposes of this title, and the imposition of both 
such sanctions shall be treated as two sanctions for 
purposes of this title. 
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(5) PROCUREMENT
SANCTION.—The United 
States Government may not procure, or enter into 
any contract for the procurement of, any goods or 
services from a sanctioned person. 
(6) ADDITIONAL
SANCTIONS.—The President 
may impose sanctions, as appropriate, to restrict im-
ports with respect to a sanctioned person, in accord-
ance with the International Emergency Economic 
Powers Act. 
(c) PERSONS AGAINST WHICH THE SANCTIONS ARE 
TO BE IMPOSED.—The sanctions specified in subsection 
(b) shall be imposed on— 
(1) any person the President determines has 
carried out an activity described in subsection (a); 
and 
(2) any person the President determines— 
(A) is a successor entity to a person re-
ferred to in paragraph (1); 
(B) is a parent or subsidiary of a person 
referred to in paragraph (1) if such parent or 
subsidiary engaged in an activity described in 
subsection (a); or 
(C) is an affiliate of a person referred to 
in paragraph (1) if such affiliate engaged in an 
activity referred to in paragraph (1) and if such 
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