Presidential DocumentExecutive Order 140712022-07757
Prohibiting New Investment in and Certain Services to the Russian Federation in Response to Continued Russian Federation Aggression
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 8, 2022
Signed
April 6, 2022
Issuing agencies
Executive Office of the President
Full Text
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<title>Federal Register, Volume 87 Issue 68 (Friday, April 8, 2022)</title>
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[Federal Register Volume 87, Number 68 (Friday, April 8, 2022)]
[Presidential Documents]
[Pages 20999-21000]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-07757]
Presidential Documents
Federal Register / Vol. 87, No. 68 / Friday, April 8, 2022 /
Presidential Documents
[[Page 20999]]
Executive Order 14071 of April 6, 2022
Prohibiting New Investment in and Certain
Services to the Russian Federation in Response to
Continued Russian Federation Aggression
By the authority vested in me as President by the
Constitution and the laws of the United States of
America, including the International Emergency Economic
Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the
National Emergencies Act (50 U.S.C. 1601 et seq.), and
section 301 of title 3, United States Code,
I, JOSEPH R. BIDEN JR., President of the United States
of America, in order to take additional steps with
respect to the national emergency declared in Executive
Order 14024 of April 15, 2021, expanded by Executive
Order 14066 of March 8, 2022, and relied on for
additional steps taken in Executive Order 14039 of
August 20, 2021, and Executive Order 14068 of March 11,
2022, hereby order:
Section 1. (a) The following are prohibited:
(i) new investment in the Russian Federation by a United States person,
wherever located;
(ii) the exportation, reexportation, sale, or supply, directly or
indirectly, from the United States, or by a United States person, wherever
located, of any category of services as may be determined by the Secretary
of the Treasury, in consultation with the Secretary of State, to any person
located in the Russian Federation; and
(iii) any approval, financing, facilitation, or guarantee by a United
States person, wherever located, of a transaction by a foreign person where
the transaction by that foreign person would be prohibited by this section
if performed by a United States person or within the United States.
(b) The prohibitions in subsection (a) of this
section apply except to the extent provided by
statutes, or in regulations, orders, directives, or
licenses that may be issued pursuant to this order, and
notwithstanding any contract entered into or license or
permit granted prior to the date of this order.
Sec. 2. (a) Any transaction that evades or avoids, has
the purpose of evading or avoiding, causes a violation
of, or attempts to violate any of the prohibitions set
forth in this order is prohibited.
(b) Any conspiracy formed to violate any of the
prohibitions set forth in this order is prohibited.
Sec. 3. Nothing in this order shall prohibit
transactions for the conduct of the official business
of the Federal Government or the United Nations
(including its specialized agencies, programs, funds,
and related organizations) by employees, grantees, or
contractors thereof.
Sec. 4. For the purposes of this order:
(a) the term ``entity'' means a partnership,
association, trust, joint venture, corporation, group,
subgroup, or other organization;
(b) the term ``person'' means an individual or
entity; and
(c) the term ``United States person'' means any
United States citizen, lawful permanent resident,
entity organized under the laws of the United States or
any jurisdiction within the United States (including
foreign branches), or any person in the United States.
[[Page 21000]]
Sec. 5. The Secretary of the Treasury, in consultation
with the Secretary of State, is hereby authorized to
take such actions, including the promulgation of rules
and regulations, and to employ all powers granted to
the President by IEEPA, as may be necessary to carry
out the purposes of this order. The Secretary of the
Treasury may, consistent with applicable law,
redelegate any of these functions within the Department
of the Treasury. All executive departments and agencies
of the United States shall take all appropriate
measures within their authority to implement this
order.
Sec. 6. (a) Nothing in this order shall be construed to
impair or otherwise affect:
(i) the authority granted by law to an executive department or agency, or
the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget
relating to budgetary, administrative, or legislative proposals.
(b) This order shall be implemented consistent with
applicable law and subject to the availability of
appropriations.
(c) This order is not intended to, and does not,
create any right or benefit, substantive or procedural,
enforceable at law or in equity by any party against
the United States, its departments, agencies, or
entities, its officers, employees, or agents, or any
other person.
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
(Presidential Sig.)
THE WHITE HOUSE,
April 6, 2022.
[FR Doc. 2022-07757
Filed 4-7-22; 11:15 am]
Billing code 3395-F2-P
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</html>Indexed from Federal Register on April 8, 2022.
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