U.S. Intends to Lift Financial Restrictions on New Palestinian Government
In a special briefing today, Secretary of State Condoleeza Rice announced that the U.S. intends to lift the current financial restrictions imposed on the Palestinian government under the terrorism sanctions programs.
However, the current financial restrictions, which were imposed on parts of the Palestinian Authority controlled by representatives of Hamas and other terrorist organizations organizations, will remain in effect until the Treasury Department's Office of Foreign Assets Control (OFAC) issues general licenses or takes other legal action to modify the current restrictions imposed under the Terrorism Sanctions Regulations and other regulatory provisions.
|posted by Douglas N. Jacobson| Permalink 
