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Federal Register: June 19, 2000 (Volume 65, Number 118)
Rules and Regulations]
Page 38165-38166
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Foreign Assets Control Regulations
| AGENCY: | Office of Foreign Assets Control, Treasury. |
| ACTION: | Final rule; amendments. |
| SUMMARY: | The Office of Foreign Assets Control of the U.S. Department of the Treasury is amending the Foreign Assets Control Regulations to implement the President's September 17, 1999, determination to ease sanctions against North Korea. This final rule authorizes new financial, trade, and other transactions with North Korea and its nationals. An import notification and approval procedure will be required for all imports from North Korea. This final rule does not unblock assets within U.S. jurisdiction blocked prior to this time, nor does it affect enforcement actions with respect to prior violations of the embargo. |
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