Sanctions for Ukrainian Property Theft: Asset Freezes and Travel Bans
This act imposes sanctions on individuals and entities knowingly involved in the seizure, confiscation, or theft of property in Ukraine. This means those engaged in such activities may face asset freezes in the U.S. and be denied entry, aiming to protect property rights and international stability.
Key points
Asset Blocking: Individuals involved in property theft in Ukraine may have their assets in the United States blocked.
U.S. Entry Ban: Such individuals may lose their right to enter the United States, including visas and other entry documents.
Reporting: The U.S. government will regularly inform Congress about sanctioned individuals, increasing transparency.
Exceptions: There are exceptions to the entry ban, for example, to fulfill international obligations or support law enforcement activities.
Expired
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