U.S. revises sanctions against Iraq and Zimbabwe

On 21st May 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it is amending the Zimbabwe Sanctions Regulations (31 C.F.R. part 541). This amendment is effective from 22nd May 2020.

Furthermore, a statement from the U.S. White House on 20th May 2020 announced that the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303 will be continued for one year.