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ARTICLE · 26 NOVEMBER 2015

President Obama Terminates Liberian Sanctions Program

Jones Day
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President Barack Obama recently issued an Executive Order terminating the U.S. sanctions program targeting Liberia.

United StatesInternational Law
Laura Fraedrich
Laura Fraedrich
Michael Gurdak
Michael Gurdak
Fahad Habib
Fahad Habib
Chad Dorr
Chad Dorr
D. Grayson Yeargin
D. Grayson Yeargin
Chase Kaniecki
Chase Kaniecki
Lindsey Nelson
Lindsey Nelson
Paul Hines
Paul Hines
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President Barack Obama recently issued an Executive Order terminating the U.S. sanctions program targeting Liberia.  The program began in 2004 and was intended to deprive former Liberian President Charles Taylor and others of arms and funding for West African conflicts.  President Obama cited the conviction of former President Charles Taylor and Liberia's freely held elections in 2005 and 2011 as factors leading to termination of the program.

As part of terminating the Liberian sanctions program, President Obama removed 107 parties previously designated under the program from the list of Specially Designated Nationals and Blocked Persons ("SDN List") maintained by the U.S. Department of the Treasury, Office of Foreign Assets Control.  As of today, only six entities with Liberian addresses remain on the SDN List, each of which are United Arab Emirates shipping companies designated under the U.S. sanctions program against Iran.

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