21 U.S.C. § 2313: Description of sanctions

The United States Government may prohibit any United States financial institution from making loans or providing credits to the foreign person. Neither the Board of Governors of the Federal Reserve System nor the Federal Reserve Bank of New York may designate, or permit the continuation of any prior designation of, the financial institution as a primary dealer in United States Government debt instruments. The financial institution may not serve as agent of the United States Government or serve as repository for United States Government funds. The United States Government may not procure, or enter into any contract for the procurement of, any goods or services from the foreign person. The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the foreign person has any interest. The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the foreign person. acquiring, holding, withholding, using, transferring, withdrawing, or transporting any property that is subject to the jurisdiction of the United States and with respect to which the foreign person has any interest; dealing in or exercising any right, power, or privilege with respect to such property; or conducting any transaction involving such property. The President may, pursuant to such regulations or guidelines as the President may prescribe, prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of the foreign person. The President may direct the Secretary of State to deny a visa to, and the Secretary of Homeland Security to exclude from the United States, any alien that the President determines is a corporate officer or principal of, or a shareholder with a controlling interest in, the foreign person. The President may impose on the principal executive officer or officers of the foreign person, or on individuals performing similar functions and with similar authorities as such officer or officers, any of the sanctions described in paragraphs (1) through (8) that are applicable. A person that violates, attempts to violate, conspires to violate, or causes a violation of any regulation, license, or order issued to carry out subsection (a) shall be subject to the penalties set forth in subsections (b) and (c) of section 1705 of title 50 to the same extent as a person that commits an unlawful act described in subsection (a) of that section. any activity subject to the reporting requirements under title V of the National Security Act of 1947 ( 50 U.S.C. 3091 et seq.); or any authorized intelligence or law enforcement activities of the United States. Sanctions under subsection (a)(8) shall not apply to an alien if admitting the alien into the United States is necessary to permit the United States to comply with the Agreement regarding the Headquarters of the United Nations, signed at Lake Success June 26, 1947 , and entered into force November 21, 1947 , between the United Nations and the United States, the Convention on Consular Relations, done at Vienna April 24, 1963 , and entered into force March 19, 1967 , or other applicable international obligations. The President may exercise all authorities provided under sections 1702 and 1704 of title 50 to carry out this section. In this section, the terms ‘knowingly’ and ‘opioid trafficking’ have the meanings given such terms in section 7203 of the Fentanyl Sanctions Act ( 21 U.S.C. 2302 ). engaged in a significant activity that has materially contributed to opioid trafficking; or provided financial, material, or technological support for (including through the provision of goods or services in support of) any significant activity described in subclause (A); and impose one or more of the sanctions described in section 7213(a)(6) of the Fentanyl Sanctions Act ( 21 U.S.C. 2313(a)(6) ) with respect to any senior official of a political subdivision, agency, or instrumentality of a foreign government that the President determines has knowingly, on or after the date of the enactment of this Act engaged in a significant activity described in paragraph (1). The provisions of this section shall have no force or effect beginning on the date that is 5 years after the date of the enactment of this Act.”