[Federal Register Volume 60, Number 122 (Monday, June 26, 1995)]
[Notices]
[Pages 33029-33030]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-15624]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Changes to the List of Specially Designated Nationals of Cuba
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice of additions and deletions to the list of blocked
persons and specially designated nationals.
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SUMMARY: The Treasury Department is designating four entities as
specially designated nationals of Cuba and adding these entities to the
List of Blocked Persons and Specially Designated Nationals. In
addition, the Treasury Department is removing an entity previously
designated from the list.
EFFECTIVE DATE: June 21, 1995.
FOR FURTHER INFORMATION: J. Robert McBrien, Chief, International
Programs, Tel.: (202) 622-2420; Office of Foreign Assets Control,
Department of the Treasury, 1500 Pennsylvania Avenue, N.W., Washington,
DC 20220.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document is available as an electronic file on The Federal
Bulletin Board the day of publication in the Federal Register. By modem
dial 202/512-1387 and type ``/GO/FAC'' or call 202/512-1530 for disks
or paper copies. This file is available in Postscript, WordPerfect 5.1
and ASCII formats.
Background
The Office of Foreign Assets Control (``FAC'') is designating four
entities as Specially Designated Nationals of Cuba and adding these
entities to the List of Blocked Persons and Specially Designated
Nationals and removing one entity from the list that was previously
designated.
The Director of FAC has determined that the designated entities are
owned or controlled by or act or purport to act directly or indirectly
on behalf of the Government of Cuba and, therefore, pursuant to
Sec. 515.306 of the Cuban Assets Control Regulations, 31 CFR part 515
(the ``Regulations''), are subject to the prohibitions applicable to
the Government of Cuba. All unlicensed transactions with these entities
or [[Page 33030]] transactions in property in which they have an
interest are prohibited unless otherwise exempted or generally licensed
in the Regulations.
Determinations that persons are Specially Designated Nationals of
Cuba are effective upon the date of determination by the Director of
FAC, acting under authority delegated by the Secretary of the Treasury.
Public Notice of such a determination is effective upon the date of
Federal Register publication or upon earlier actual notice.
The List of Blocked Persons and Specially Designated Nationals is
not definitive or all-inclusive, and new Federal Register notices with
regard to specially designated nationals or blocked persons may be
published at any time. The absence of any particular person from the
list is not to be construed as evidence that the person is not a
component agency of a government subject to sanctions; or organized or
located in a country subject to economic sanctions; or owned and
controlled by persons that are organized or located in, or are
nationals of, a country subject to economic sanctions; or owned or
controlled by, or acting or purporting to act directly or indirectly on
behalf of, the government of a country subject to economic sanctions.
The Treasury Department regards it as incumbent upon all U.S. persons
or persons subject to U.S. jurisdiction, depending upon the sanctions
program, to take reasonable steps to ascertain for themselves whether
persons with whom they enter into transactions fall into one of these
categories.
Users are advised to check the Federal Register and The Federal
Bulletin Board routinely for additional names or other changes to the
list. Entities and individuals on the list are occasionally licensed by
the Office of Foreign Assets Control to transact business with U.S.
persons or persons subject to U.S. jurisdiction in anticipation of
removal from the list or because of foreign policy considerations in
unique circumstances. Current information on licenses issued with
regard to blocked persons or specially designated nationals may be
obtained by calling the Office of Foreign Assets Control, Licensing
Division (202/622-2480).
The following name is removed from the List of Specially Designated
Nationals and Blocked Persons and is no longer considered a specially
designated national of Cuba:
COMPAGNIA MERCANTILE INTERNAZIONALE (a.k.a. COMEI SPA), Milan, Italy.
The following names are added to the List of Specially Designated
Nationals and Blocked Persons as specially designated nationals of
Cuba:
COBALT REFINERY CO. INC., Fort Saskatchewan, AB, Canada.
INTERNATIONAL COBALT CO. INC., Fort Saskatchewan, AB, Canada.
LA COMPANIA GENERAL DE NIQUEL (a.k.a. GENERAL NICKEL SA), Cuba. MOA
NICKEL SA, Cuba.
Dated: June 7, 1995.
R. Richard Newcomb,
Director, Office of Foreign Assets Control.
Approved: June 19, 1995.
John P. Simpson,
Deputy Assistant Secretary (Regulatory, Tariff and Trade Enforcement).
[FR Doc. 95-15624 Filed 6-21-95: 4:57 pm]
BILLING CODE 4810-25-P
