Persons and Entities on Whom Sanctions Have Been Imposed Under the Iran Sanctions Act of 1996

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of State [Public Notice 7197] AGENCY: Department of State. ACTION: Notice. SUMMARY: The Secretary of State has determined that the Naftiran Intertrade Company (NICO) has engaged in a sanctionable investment described in section 5(a)(1) of the Iran Sanctions Act of 1996 (ISA) ( 50 U.S.C. 1701 note ) and that certain sanctions should be imposed as a result. DATES: Effective Date: October 13, 2010. FOR FURTHER INFORMATION CONTACT: On general issues: Norman Galimba, Office of Terrorism Finance and Economic Sanctions Policy, Department of State, Telephone: (202) 647-9813. For U.S. Government procurement ban issues: Kimberly Triplett, Office of the Procurement Executive, Department of State, Telephone: (703) 875-4079. SUPPLEMENTARY INFORMATION: Pursuant to the authority delegated to the Secretary of State in the Presidential Memorandum of November 21, 1996, 61 FR 64249 (the “Delegation Memorandum”), the Secretary has determined that NICO has engaged in a sanctionable investment described in section 5(a) of the ISA, as in effect on the day before the date of enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISADA”). Pursuant to section 5(a) of the ISA and the Delegation Memorandum, and consistent with section 102(h)(2) of CISADA, the Secretary has determined to impose on NICO the following sanctions described in section 6 of the ISA: 1. Export-Import Bank assistance for exports to sanctioned persons. The E…