Notice of Department of State Sanctions Action Pursuant to the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA), 13956-13958 [2021-05051]

Download as PDF 13956 Federal Register / Vol. 86, No. 46 / Thursday, March 11, 2021 / Notices transferred, paid, exported, withdrawn, or otherwise dealt in. Information on the designees: Individual 1 Name: Majid Agha’i Name: Majid Aghaei Date of birth: April 13, 1984 National Identification Number: 1199310281 (Iran) Place of Birth: Ghom, Iran Gender: Male Nationality: Iran Location: Iran Individual 2 Name: Amjad Sazgar Date of birth: April 16, 1979 Place of Birth: Babol, Iran Gender: Male Nationality: Iran Location: Iran Individual 3 Name: Hamid Reza Ghadirian Date of birth: September 23, 1978 Place of birth: Aran o Bigdol, Iran Gender: Male Nationality: Iran National ID number: 6199152344 Location: Iran Individual 4 Authority: E.O. 13224, 66 FR 49079, 3 CFR, 2001 Comp., p. 786. Name: Ahmad Asghari Shiva’i AKA: Ahmed Asghari Shivaei Date of birth: March 3, 1973 Place of birth: Tehran, Iran Gender: Male Nationality: Iran National ID number: 55690718 Location: Iran Dated: March 1, 2021. Antony J. Blinken, Secretary of State. [FR Doc. 2021–04920 Filed 3–10–21; 8:45 am] BILLING CODE 4710–AD–P Zachary A. Parker, Director, Office of Directives Management. DEPARTMENT OF STATE [Public Notice: 11370] [FR Doc. 2021–05057 Filed 3–10–21; 8:45 am] BILLING CODE 4710–27–P In the Matter of the Designation of Islamic State of Iraq and Syria— Mozambique (and Other Aliases) as a Foreign Terrorist Organization DEPARTMENT OF STATE [Public Notice: 11371] khammond on DSKJM1Z7X2PROD with NOTICES Designation of Islamic State of Iraq and Syria—Mozambique as a Specially Designated Global Terrorist Acting under the authority of and in accordance with sections 1(a)(ii)(A) of Executive Order 13224 of September 23, 2001, as amended by Executive Order 13268 of July 2, 2002, Executive Order 13284 of January 23, 2003, and Executive Order 13886 of September 9, 2019, I hereby determine that the person known as Islamic State of Iraq and Syria—Mozambique, also known as ISIS-Mozambique, also known as Islamic State—Mozambique, also known as Ansar al-Sunna, also known as Helpers of Tradition, also known as Ahl VerDate Sep<11>2014 16:53 Mar 10, 2021 al-Sunna wa al-Jamaa, also known as Adherents to the Traditions and the Community, also known as al-Shabaab in Mozambique, also known as Islamic State Central Africa Province, also known as Wilayah Central Africa, also known as Ansaar Kalimat Allah, also known as Supporters of the Word of Allah, is a foreign person that has committed and poses a significant risk of committing acts of terrorism that threaten the security of U.S. nationals or the national security, foreign policy, or economy of the United States. Consistent with the determination in section 10 of Executive Order 13224 that prior notice to persons determined to be subject to the Order who might have a constitutional presence in the United States would render ineffectual the blocking and other measures authorized in the Order because of the ability to transfer funds instantaneously, I determine that no prior notice needs to be provided to any person subject to this determination who might have a constitutional presence in the United States, because to do so would render ineffectual the measures authorized in the Order. This notice shall be published in the Federal Register. Jkt 253001 Based upon a review of the Administrative Record assembled in this matter, and in consultation with the Attorney General and the Secretary of the Treasury, I conclude that there is a sufficient factual basis to find that the relevant circumstances described in section 219 of the Immigration and Nationality Act, as amended (hereinafter ‘‘INA’’) (8 U.S.C. 1189), exist with respect to Islamic State of Iraq and Syria—Mozambique, also known as ISIS-Mozambique, also known as Islamic State—Mozambique, also known as Ansar al-Sunna, also known as Helpers of Tradition, also known as Ahl al-Sunna wa al-Jamaa, also known as Adherents to the Traditions and the Community, also known as al-Shabaab PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 in Mozambique, also known as Islamic State Central Africa Province, also known as Wilayah Central Africa, also known as Ansaar Kalimat Allah, also known as Supporters of the Word of Allah. Therefore, I hereby designate the aforementioned organization and its aliases as a foreign terrorist organization pursuant to section 219 of the INA. This determination shall be published in the Federal Register. Authority: 8 U.S.C. 1189. Dated: March 1, 2021. Antony J. Blinken, Secretary of State. [FR Doc. 2021–04919 Filed 3–10–21; 8:45 am] BILLING CODE 4710–AD–P DEPARTMENT OF STATE [Public Notice 11363] Notice of Department of State Sanctions Action Pursuant to the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA) Department of State. Notice of sanctions action. AGENCY: ACTION: On October 19, 2020, Secretary of State Michael R. Pompeo determined that each of Reach Holding Group (Shanghai) Company Ltd., Reach Shipping Lines, Delight Shipping Co., Ltd., Gracious Shipping Co. Ltd., Noble Shipping Co. Ltd., and Supreme Shipping Co. Ltd. met the criteria for sanctions set forth in section 1244(d)(1)(A) of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA), and selected sanctions described in section 6(a) of the Iran Sanctions Act of 1996 (ISA) to be imposed with respect to these persons. On the same date, Secretary Pompeo also determined that Eric Chen is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. and Reach Shipping Lines, and that Daniel Y. He is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. for the purposes of section 6(a)(11) of ISA, and selected sanctions described in section 6(a) of ISA to be imposed with respect to these persons. DATES: The Secretary of State’s determinations and selection of certain sanctions to be imposed upon the entities and individuals identified in the SUPPLEMENTARY INFORMATION section were effective on October 19, 2020. SUMMARY: E:\FR\FM\11MRN1.SGM 11MRN1 Federal Register / Vol. 86, No. 46 / Thursday, March 11, 2021 / Notices khammond on DSKJM1Z7X2PROD with NOTICES FOR FURTHER INFORMATION CONTACT: Office of Counterproliferation Initiatives, Bureau of International Security and Nonproliferation, Department of State, Washington, DC 20520, tel.: 202–736–7065, or CPISanctions@state.gov. SUPPLEMENTARY INFORMATION: Pursuant to section 1244(d)(1)(A) of IFCA and Presidential Memorandum of June 3, 2013 (‘‘Delegation of Certain Functions and Authorities Under the Iran Freedom and Counter-Proliferation Act of 2012’’), the Secretary of State, in consultation with the Secretaries of the Treasury and Commerce and the United States Trade Representative, and with the Secretary of Homeland Security, the President of the Export-Import Bank of the United States, and the Chairman of the Board of Governors of the Federal Reserve System and other agencies as appropriate, shall impose five or more of the sanctions described in section 6(a) of ISA with respect to a person if the Secretary of State determines that the person knowingly, on or after the date that is 180 days after the enactment of IFCA, sells, supplies, or transfers to or from Iran goods or services described in section 1244(d)(3) of IFCA, subject to certain exceptions. Goods or services described in section 1244(d)(3) of IFCA are significant goods or services used in connection with the energy, shipping, or shipbuilding sectors of Iran, including the National Iranian Oil Company, the National Iranian Tanker Company, and the Islamic Republic of Iran Shipping Lines. On October 19, 2020, the Secretary of State determined that each of Reach Holding Group (Shanghai) Company Ltd., Reach Shipping Lines, Delight Shipping Co., Ltd., Gracious Shipping Co. Ltd., Noble Shipping Co. Ltd. and Supreme Shipping Co. Ltd. met the criteria for the imposition of sanctions pursuant to section 1244(d)(1)(A) of IFCA. The Secretary of State approved the imposition of the following sanctions under sections 6(a)(3), (6), (7), (8), (9) and (11) of ISA with respect to Reach Holding Group (Shanghai) Company Ltd. and Reach Shipping Lines: • The United States Government may prohibit any United States financial institution from making loans or providing credits to any sanctioned person totaling more than $10,000,000 in any 12-month period unless such person is engaged in activities to relieve human suffering and the loans or credits are provided for such activities. • The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in VerDate Sep<11>2014 16:53 Mar 10, 2021 Jkt 253001 foreign exchange that are subject to the jurisdiction of the United States and in which the sanctioned person has any interest. • The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the sanctioned person. • The President may, pursuant to such regulations as the President may prescribe, prohibit any person from acquiring, holding, withholding, using, transferring, withdrawing, transporting, importing, or exporting any property that is subject to the jurisdiction of the United States and with respect to which the sanctioned person has any interest; dealing in or exercising any right, power, or privilege with respect to such property; or conducting any transaction involving such property. • The President may, pursuant to such regulations as the President may prescribe, prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of a sanctioned person. • The President may impose on the principal executive officer or officers of any sanctioned person, or on persons performing similar functions and with similar authorities as such officer or officers, any of the sanctions under section 6(a) of ISA. In addition, the Secretary of State approved the imposition of the following sanctions under sections 6(a)(3), (6), (7), (8), and (9) of ISA with respect to Delight Shipping Co., Ltd., Gracious Shipping Co. Ltd., Noble Shipping Co. Ltd. and Supreme Shipping Co. Ltd.: • The United States Government may prohibit any United States financial institution from making loans or providing credits to any sanctioned person totaling more than $10,000,000 in any 12-month period unless such person is engaged in activities to relieve human suffering and the loans or credits are provided for such activities. • The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the sanctioned person has any interest. • The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 13957 financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the sanctioned person. • The President may, pursuant to such regulations as the President may prescribe, prohibit any person from acquiring, holding, withholding, using, transferring, withdrawing, transporting, importing, or exporting any property that is subject to the jurisdiction of the United States and with respect to which the sanctioned person has any interest; dealing in or exercising any right, power, or privilege with respect to such property; or conducting any transaction involving such property. • The President may, pursuant to such regulations as the President may prescribe, prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of a sanctioned person. In addition, the Secretary of State determined that Eric Chen is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. and Reach Shipping Lines, and that Daniel Y. He is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. for the purposes of section 6(a)(11) of ISA, and approved the imposition of the following sanctions under sections 6(a)(3), (6), (7), (8), and (9) of ISA with respect to Eric Chen and Daniel Y. He: • The United States Government may prohibit any United States financial institution from making loans or providing credits to any sanctioned person totaling more than $10,000,000 in any 12-month period unless such person is engaged in activities to relieve human suffering and the loans or credits are provided for such activities. • The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the sanctioned person has any interest. • The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the sanctioned person. • The President may, pursuant to such regulations as the President may prescribe, prohibit any person from E:\FR\FM\11MRN1.SGM 11MRN1 13958 Federal Register / Vol. 86, No. 46 / Thursday, March 11, 2021 / Notices acquiring, holding, withholding, using, transferring, withdrawing, transporting, importing, or exporting any property that is subject to the jurisdiction of the United States and with respect to which the sanctioned person has any interest; dealing in or exercising any right, power, or privilege with respect to such property; or conducting any transaction involving such property. • The President may, pursuant to such regulations as the President may prescribe, prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of a sanctioned person. In addition, pursuant to section 6(a)(10) of ISA, the President may direct the Secretary of State to deny a visa to, and the Secretary of Homeland Security to exclude from the United States, any alien that the President determines is a corporate officer or principal of, or a shareholder with a controlling interest in, a sanctioned person subject to this action. Zachary A. Parker, Director, Office of Directives Management. DEPARTMENT OF STATE [Public Notice:11367] khammond on DSKJM1Z7X2PROD with NOTICES Designation of Seka Musa Baluku as a Specially Designated Global Terrorist Acting under the authority of and in accordance with section 1(a)(ii)(B) of Executive Order 13224 of September 23, 2001, as amended by Executive Order 13268 of July 2, 2002, Executive Order 13284 of January 23, 2003, and Executive Order 13886 of September 9, 2019, I hereby determine that the person known as Seka Musa Baluku, also known as Musa Baluku, also known as Seka Baluku, also known as Mzee Kajaju, also known as Lumu, also known as Lumonde, also known as Makuba, is a leader of Islamic State of Iraq and Syria—Democratic Republic of the Congo, a group whose property and interests in property are blocked pursuant to a determination by the Secretary of State pursuant to Executive Order 13224. Consistent with the determination in section 10 of Executive Order 13224 that prior notice to persons determined to be subject to the Order who might have a constitutional presence in the United States would render ineffectual the blocking and other measures authorized in the Order because of the ability to transfer funds instantaneously, I determine that no prior notice needs to Jkt 253001 Dated: March 1, 2021. Antony J. Blinken, Secretary of State. [FR Doc. 2021–04914 Filed 3–10–21; 8:45 am] BILLING CODE 4710–AD–P DEPARTMENT OF STATE [Public Notice 11361] Designation of Individuals and Entities Pursuant to Section 1245 of the Iran Freedom and Counter-Proliferation Act (IFCA) Department of State. Notice of designations. AGENCY: The Secretary of State, pursuant to authority delegated by Presidential Memorandum of June 3, 2013, (‘‘IFCA Delegation Memorandum’’), has determined that Pamchel Trading Beijing Co. Ltd., Global Industrial and Engineering Supply Ltd., Kaifeng Pingmei New Carbon Materials Technology Co., Ltd, Hafez Darya Arya Shipping Company, Jiangyin Mascot Special Steel Co., Ltd, Iran Transfo Company, Zangan Distribution Transformer Company, Accenture Building Materials, Safiran Payam Darya Shipping Company (SAPID), Islamic Republic of Iran Shipping Lines (IRISL), Mobarakeh Steel Company have engaged in sanctionable activity described in the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA), and that certain sanctions are imposed as a result. The Secretary of State also determined that, for the purposes of Sections 6(a)(10) and (11), of the Iran Sanctions Act of 1996 (ISA), Majid Sajdeh is a principal executive officer or person performing similar functions and with similar authorities of Hafez Darya Arya Shipping Company, that Mohammad Reza Modarres Khiabani is a principal executive officer, or person performing similar functions and with similar authorities, of IRISL, and that Hamidreza Azimian is a principal executive officer, or person performing similar functions and with similar authorities, of Mobarakeh Steel Company, and that certain sanctions are imposed as a result. SUMMARY: BILLING CODE 4710–27–P 16:53 Mar 10, 2021 Authority: E.O. 13224, 66 FR 49079, 3 CFR, 2001 Comp., p. 786. ACTION: [FR Doc. 2021–05051 Filed 3–10–21; 8:45 am] VerDate Sep<11>2014 be provided to any person subject to this determination who might have a constitutional presence in the United States, because to do so would render ineffectual the measures authorized in the Order. This notice shall be published in the Federal Register. PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 The Secretary of State sanctioned Pamchel Trading Beijing Co. Ltd. pursuant to Section 1245(a) of IFCA on January 9, 2020; Global Industrial and Engineering Supply Ltd. on June 25, 2020; Kaifeng Pingmei New Carbon Materials Technology Co., Ltd and Hafez Darya Arya Shipping Company on January 5, 2021; and Jiangyin Mascot Special Steel Co., Ltd, Iran Transfo Company, Zangan Distribution Transformer Company, Accenture Building Materials, Safiran Payam Darya Shipping Company (SAPID), Islamic Republic of Iran Shipping Lines (IRISL), and Mobarakeh Steel Company on January 15, 2021. FOR FURTHER INFORMATION CONTACT: Office of Counterproliferation Initiatives, Bureau of International Security and Nonproliferation, Department of State, Washington, DC 20520, tel.: 202–736–7065, or CPISanctions@state.gov. SUPPLEMENTARY INFORMATION: If the Secretary determines that a person has engaged in sanctionable activity under Section 1245(a) of IFCA, the Secretary is required to impose 5 of the 12 sanctions provided for in Section 6 of the ISA. Accordingly, the Secretary of the State, in consultation with the Secretary of the Treasury and Commerce and the United States Trade Representative, and with the Secretary of Homeland Security, the President of the ExportImport Bank of the United States, and the Chairman of the Board of Governors of the Federal Reserve System and other agencies as appropriate, has determined that: 1. Pamchel Trading Beijing CO. Ltd. has engaged in sanctionable activity pursuant to Section 1245(a)(1)(C)(II) of IFCA and should be subject to the sanctions described in ISA Sections 6(a) (3), (5), (6), (7), (8), and (9). 2. Global Industrial and Engineering Supply Ltd. has engaged in sanctionable activity pursuant to Section 1245(a)(1)(C)(II) of IFCA and should be subject to the sanctions described in ISA Sections 6(a) (3), (6), (7), (8), and (9). 3. Kaifeng Pingmei New Carbon Materials Technology Co., Ltd. and Hafez Darya Arya Shipping Company have engaged in sanctionable activity pursuant to Section 1245(a)(1)(C)(II) of IFCA and should be subject to the sanctions described in ISA Sections 6(a) (3), (6), (7), (8), and (9). 4. Majid Sajdeh is a principal executive officer or person performing similar functions and with similar authorities of Hafez Darya Arya Shipping Company for the purposes of ISA Section 6(a) (10) and (11), and should be subject to the sanctions DATES: E:\FR\FM\11MRN1.SGM 11MRN1

Agencies

[Federal Register Volume 86, Number 46 (Thursday, March 11, 2021)]
[Notices]
[Pages 13956-13958]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05051]


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DEPARTMENT OF STATE

[Public Notice 11363]


Notice of Department of State Sanctions Action Pursuant to the 
Iran Freedom and Counter-Proliferation Act of 2012 (IFCA)

AGENCY: Department of State.

ACTION: Notice of sanctions action.

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SUMMARY: On October 19, 2020, Secretary of State Michael R. Pompeo 
determined that each of Reach Holding Group (Shanghai) Company Ltd., 
Reach Shipping Lines, Delight Shipping Co., Ltd., Gracious Shipping Co. 
Ltd., Noble Shipping Co. Ltd., and Supreme Shipping Co. Ltd. met the 
criteria for sanctions set forth in section 1244(d)(1)(A) of the Iran 
Freedom and Counter-Proliferation Act of 2012 (IFCA), and selected 
sanctions described in section 6(a) of the Iran Sanctions Act of 1996 
(ISA) to be imposed with respect to these persons.
    On the same date, Secretary Pompeo also determined that Eric Chen 
is a principal executive officer, or person performing similar 
functions and with similar authorities, of Reach Holding Group 
(Shanghai) Company Ltd. and Reach Shipping Lines, and that Daniel Y. He 
is a principal executive officer, or person performing similar 
functions and with similar authorities, of Reach Holding Group 
(Shanghai) Company Ltd. for the purposes of section 6(a)(11) of ISA, 
and selected sanctions described in section 6(a) of ISA to be imposed 
with respect to these persons.

DATES: The Secretary of State's determinations and selection of certain 
sanctions to be imposed upon the entities and individuals identified in 
the SUPPLEMENTARY INFORMATION section were effective on October 19, 
2020.

[[Page 13957]]


FOR FURTHER INFORMATION CONTACT: Office of Counterproliferation 
Initiatives, Bureau of International Security and Nonproliferation, 
Department of State, Washington, DC 20520, tel.: 202-736-7065, or [email protected].

SUPPLEMENTARY INFORMATION: Pursuant to section 1244(d)(1)(A) of IFCA 
and Presidential Memorandum of June 3, 2013 (``Delegation of Certain 
Functions and Authorities Under the Iran Freedom and Counter-
Proliferation Act of 2012''), the Secretary of State, in consultation 
with the Secretaries of the Treasury and Commerce and the United States 
Trade Representative, and with the Secretary of Homeland Security, the 
President of the Export-Import Bank of the United States, and the 
Chairman of the Board of Governors of the Federal Reserve System and 
other agencies as appropriate, shall impose five or more of the 
sanctions described in section 6(a) of ISA with respect to a person if 
the Secretary of State determines that the person knowingly, on or 
after the date that is 180 days after the enactment of IFCA, sells, 
supplies, or transfers to or from Iran goods or services described in 
section 1244(d)(3) of IFCA, subject to certain exceptions. Goods or 
services described in section 1244(d)(3) of IFCA are significant goods 
or services used in connection with the energy, shipping, or 
shipbuilding sectors of Iran, including the National Iranian Oil 
Company, the National Iranian Tanker Company, and the Islamic Republic 
of Iran Shipping Lines.
    On October 19, 2020, the Secretary of State determined that each of 
Reach Holding Group (Shanghai) Company Ltd., Reach Shipping Lines, 
Delight Shipping Co., Ltd., Gracious Shipping Co. Ltd., Noble Shipping 
Co. Ltd. and Supreme Shipping Co. Ltd. met the criteria for the 
imposition of sanctions pursuant to section 1244(d)(1)(A) of IFCA.
    The Secretary of State approved the imposition of the following 
sanctions under sections 6(a)(3), (6), (7), (8), (9) and (11) of ISA 
with respect to Reach Holding Group (Shanghai) Company Ltd. and Reach 
Shipping Lines:
     The United States Government may prohibit any United 
States financial institution from making loans or providing credits to 
any sanctioned person totaling more than $10,000,000 in any 12-month 
period unless such person is engaged in activities to relieve human 
suffering and the loans or credits are provided for such activities.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any transactions in foreign exchange 
that are subject to the jurisdiction of the United States and in which 
the sanctioned person has any interest.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
the sanctioned person.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any person from acquiring, holding, 
withholding, using, transferring, withdrawing, transporting, importing, 
or exporting any property that is subject to the jurisdiction of the 
United States and with respect to which the sanctioned person has any 
interest; dealing in or exercising any right, power, or privilege with 
respect to such property; or conducting any transaction involving such 
property.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any United States person from 
investing in or purchasing significant amounts of equity or debt 
instruments of a sanctioned person.
     The President may impose on the principal executive 
officer or officers of any sanctioned person, or on persons performing 
similar functions and with similar authorities as such officer or 
officers, any of the sanctions under section 6(a) of ISA.
    In addition, the Secretary of State approved the imposition of the 
following sanctions under sections 6(a)(3), (6), (7), (8), and (9) of 
ISA with respect to Delight Shipping Co., Ltd., Gracious Shipping Co. 
Ltd., Noble Shipping Co. Ltd. and Supreme Shipping Co. Ltd.:
     The United States Government may prohibit any United 
States financial institution from making loans or providing credits to 
any sanctioned person totaling more than $10,000,000 in any 12-month 
period unless such person is engaged in activities to relieve human 
suffering and the loans or credits are provided for such activities.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any transactions in foreign exchange 
that are subject to the jurisdiction of the United States and in which 
the sanctioned person has any interest.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
the sanctioned person.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any person from acquiring, holding, 
withholding, using, transferring, withdrawing, transporting, importing, 
or exporting any property that is subject to the jurisdiction of the 
United States and with respect to which the sanctioned person has any 
interest; dealing in or exercising any right, power, or privilege with 
respect to such property; or conducting any transaction involving such 
property.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any United States person from 
investing in or purchasing significant amounts of equity or debt 
instruments of a sanctioned person.
    In addition, the Secretary of State determined that Eric Chen is a 
principal executive officer, or person performing similar functions and 
with similar authorities, of Reach Holding Group (Shanghai) Company 
Ltd. and Reach Shipping Lines, and that Daniel Y. He is a principal 
executive officer, or person performing similar functions and with 
similar authorities, of Reach Holding Group (Shanghai) Company Ltd. for 
the purposes of section 6(a)(11) of ISA, and approved the imposition of 
the following sanctions under sections 6(a)(3), (6), (7), (8), and (9) 
of ISA with respect to Eric Chen and Daniel Y. He:
     The United States Government may prohibit any United 
States financial institution from making loans or providing credits to 
any sanctioned person totaling more than $10,000,000 in any 12-month 
period unless such person is engaged in activities to relieve human 
suffering and the loans or credits are provided for such activities.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any transactions in foreign exchange 
that are subject to the jurisdiction of the United States and in which 
the sanctioned person has any interest.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
the sanctioned person.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any person from

[[Page 13958]]

acquiring, holding, withholding, using, transferring, withdrawing, 
transporting, importing, or exporting any property that is subject to 
the jurisdiction of the United States and with respect to which the 
sanctioned person has any interest; dealing in or exercising any right, 
power, or privilege with respect to such property; or conducting any 
transaction involving such property.
     The President may, pursuant to such regulations as the 
President may prescribe, prohibit any United States person from 
investing in or purchasing significant amounts of equity or debt 
instruments of a sanctioned person.
    In addition, pursuant to section 6(a)(10) of ISA, the President may 
direct the Secretary of State to deny a visa to, and the Secretary of 
Homeland Security to exclude from the United States, any alien that the 
President determines is a corporate officer or principal of, or a 
shareholder with a controlling interest in, a sanctioned person subject 
to this action.

Zachary A. Parker,
Director, Office of Directives Management.
[FR Doc. 2021-05051 Filed 3-10-21; 8:45 am]
BILLING CODE 4710-27-P