Prohibiting Certain Imports, Exports, and New Investment With Respect to Continued Russian Federation Aggression

CourtExecutive Office Of The President
Citation87 FR 14381
Published date15 March 2022
SectionPresidential Documents
Record Number2022-05554
Federal Register, Volume 87 Issue 50 (Tuesday, March 15, 2022)
[Federal Register Volume 87, Number 50 (Tuesday, March 15, 2022)]
                [Presidential Documents]
                [Pages 14381-14383]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2022-05554] Presidential Documents
                Federal Register / Vol. 87, No. 50 / Tuesday, March 15, 2022 /
                Presidential Documents
                ___________________________________________________________________
                Title 3--
                The President
                [[Page 14381]]
                 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.
                [[Page 14382]]
                 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.
                [[Page 14383]]
                 (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.
                
                
                 (Presidential Sig.)
                 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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