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Office of Foreign Assets Control (OFAC) in Haiti: A Critical Component of US Sanctions Policy

The Office of Foreign Assets Control (OFAC), a part of the Treasury Department’s Office of Terrorism and Financial Intelligence, plays a crucial role in implementing and enforcing US sanctions against various countries and entities. In Haiti, OFAC’s efforts are aimed at combating terrorism, proliferation, human rights violations, and other illicit activities.

Active Sanctions Programs

According to OFAC’s latest updates, several active sanctions programs are currently in effect for Haiti:

  • Afghanistan-Related Sanctions: Last updated on February 25, 2022
  • Balkans-Related Sanctions: Last updated on June 18, 2024
  • Burma-Related Sanctions: Last updated on January 31, 2024
  • Central African Republic Sanctions: Last updated on December 08, 2023
  • Chinese Military Companies Sanctions: Last updated on June 01, 2022
  • Counter Narcotics Trafficking Sanctions: Last updated on July 01, 2024
  • Counter Terrorism Sanctions: Last updated on June 25, 2024

These sanctions programs target individuals and entities involved in terrorist activities, human rights violations, and other illicit practices. By freezing their assets and restricting transactions, OFAC aims to disrupt these illegal activities and promote stability and security in Haiti.

Country-Specific Information

In addition to the active sanctions programs, OFAC also provides country-specific information on Haiti, including:

  • Cuba Sanctions: Last updated on May 28, 2024
  • Cyber-Related Sanctions: Last updated on May 28, 2024
  • Ethiopia-Related Sanctions: Last updated on February 08, 2022
  • Global Magnitsky Sanctions: Last updated on June 11, 2024

This information is crucial for businesses and individuals operating in Haiti to ensure compliance with US sanctions regulations and avoid potential legal consequences.

Conclusion

The Office of Foreign Assets Control (OFAC) plays a vital role in implementing and enforcing US sanctions against various countries and entities, including Haiti. By targeting individuals and entities involved in illicit activities, OFAC aims to promote stability, security, and human rights in the region.