us-sanctions
29 January 2025
OFAC removes West Bank sanctions programme
The US Treasury’s Office of Foreign Assets Control (‘OFAC’) has removed all West Bank-related sanctions designations following President Trump’s revocation of the underlying executive order, according to a 24 January notice.
OFAC ‘removed the West Bank-Related Sanctions program from its website and removed all persons designated under E.O. 14115 from the Specially Designated Nationals and Blocked Persons List,’ the notice said.
The action implements Trump’s 20 January executive order that revoked President Biden’s Executive Order 14115 of February 2024, which had authorised sanctions on persons undermining stability in the West Bank.
‘All property and interests in property blocked under E.O. 14115 are unblocked,’ according to Treasury.
