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Sanctions on Afghanistan Rare Earth Minerals Trade

This act imposes sanctions on individuals and entities knowingly engaging in significant transactions with Afghanistan's rare earth mineral sector. The goal is to limit funding for entities operating in this sector. US citizens and companies must be aware of these restrictions to avoid penalties.
Key points
Transaction Ban: 180 days after enactment, the US President will impose sanctions on foreign persons and entities knowingly involved in significant transactions with Afghanistan's rare earth mineral sector.
Consequences for Violators: Individuals and entities violating these rules may have their assets in the US blocked and be denied entry to the United States.
Import Exception: The sanctions do not apply to the importation of goods, meaning regular products imported into the US are not subject to these restrictions.
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Introduced
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Additional Information
Print number: 119_HR_969
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2025-02-04