Unblocking of Entities Pursuant to Executive Order 13382, 37533 [E8-14835]

Agencies

• DEPARTMENT OF THE TREASURY
• Office of Foreign Assets Control
• Foreign Assets Control Office

[Federal Register Volume 73, Number 127 (Tuesday, July 1, 2008)]
[Notices]
[Page 37533]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-14835]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Entities Pursuant to Executive Order 13382

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is removing the names of two persons from the list of 
Specially Designated Nationals and Blocked Persons whose property and 
interests in property have been unblocked pursuant to Executive Order 
13382 of June 28, 2005, ``Blocking Property of Weapons of Mass 
Destruction Proliferators and Their Supporters.'' The entities, China 
Great Wall Industry Corporation and G.W. Aerospace, Inc, were 
designated pursuant to Executive Order 13382 on June 13, 2006.

DATES: The removal of the persons from the list of Specially Designated 
Nationals and Blocked Persons, whose property and interests in property 
were blocked pursuant to Executive Order 13382, is effective on June 
19, 2008.

FOR FURTHER INFORMATION CONTACT: J. Robert McBrien, Associate Director, 
Investigations and Enforcement, Office of Foreign Assets Control, 
Department of the Treasury, Washington, DC 20220, tel.: 202/622-2420.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (https://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on demand service, tel.: (202) 622-
0077.

Background

    On June 28, 2005, the President, invoking the authority, inter 
alia, of the International Emergency Economic Powers Act (50 U.S.C. 
1701-1706) (``IEEPA''), issued Executive Order 13382 (70 FR 38567, July 
1, 2005) (the ``Order''), effective at 12:01 a.m. eastern daylight time 
on June 29, 2005. In the Order, the President took additional steps 
with respect to the national emergency described and declared in 
Executive Order 12938 of November 14, 1994, regarding the proliferation 
of weapons of mass destruction and the means of delivering them.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in the United States, or 
that hereafter come within the United States or that are or hereafter 
come within the possession or control of United States persons, of: (1) 
The persons listed in an Annex to the Order; (2) any foreign person 
determined by the Secretary of State, in consultation with the 
Secretary of the Treasury, the Attorney General, and other relevant 
agencies, to have engaged, or attempted to engage, in activities or 
transactions that have materially contributed to, or pose a risk of 
materially contributing to, the proliferation of weapons of mass 
destruction or their means of delivery (including missiles capable of 
delivering such weapons), including any efforts to manufacture, 
acquire, possess, develop, transport, transfer or use such items, by 
any person or foreign country of proliferation concern; (3) any person 
determined by the Secretary of the Treasury, in consultation with the 
Secretary of State, the Attorney General, and other relevant agencies, 
to have provided, or attempted to provide, financial, material, 
technological or other support for, or goods or services in support of, 
any activity or transaction described in clause (2) above or any person 
whose property and interests in property are blocked pursuant to the 
Order; and (4) any person determined by the Secretary of the Treasury, 
in consultation with the Secretary of State, the Attorney General, and 
other relevant agencies, to be owned or controlled by, or acting or 
purporting to act for or on behalf of, directly or indirectly, any 
person whose property and interests in property are blocked pursuant to 
the Order.
    On June 13, 2006, the Secretary of the Treasury, in consultation 
with the Secretary of State, the Attorney General, and other relevant 
agencies, designated two persons whose property and interests in 
property are blocked pursuant to the Order.
    The Department of the Treasury's Office of Foreign Assets Control 
has determined that these persons no longer meet the criteria for 
designation under the Order and are appropriate for removal from the 
list of Specially Designated Nationals and Blocked Persons.
    The following persons are removed from the list of Specially 
Designated Nationals and Blocked Persons:
    China Great Wall Industry Corporation (a.k.a. CGWIC; a.k.a. 
Zhongguo Changcheng Gongye Zonggongsi), No. 30 Haidian Nanlu, Beijing, 
China; Moscow, Russia; and all other locations worldwide;
    G.W. Aerospace, Inc. (a.k.a. Great Wall Aerospace, Inc.), 21515 
Hawthorne Blvd., Suite 670, Torrance, CA 90503; California Corporate 
Number C1458237 (United States).
    The removal of the persons' names from the list of Specially 
Designated Nationals and Blocked Persons is effective as of June 19, 
2008. All property and interests in property of these persons that are 
in or hereafter come within the United States or the possession or 
control of United States persons are now unblocked.

    Dated: June 19, 2008.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. E8-14835 Filed 6-30-08; 8:45 am]
BILLING CODE 4811-45-P