Executive Order 14024: Sanctions Against Russia

Summary

On April 15, 2021, President Biden issued Executive Order 14024, "Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation." This order authorizes sanctions against individuals and entities involved in harmful foreign activities, including election interference, cyberattacks, and human rights abuses.

Key Provisions

• Sanctions: The order authorizes sanctions, including asset freezes and travel bans, against individuals and entities determined to be involved in harmful foreign activities.
• Scope: The order applies to property and interests in property in the United States that are owned or controlled by targeted individuals or entities.
• Implementation: The Treasury Department's Office of Foreign Assets Control (OFAC) is responsible for implementing the order.

Background

The order cites Russia's interference in the 2016 and 2020 U.S. elections, cyberattacks on critical infrastructure, and human rights abuses as the basis for sanctions.

Impact

The order has had a significant impact on Russia, with dozens of individuals and entities being sanctioned. It has also strained relations between the U.S. and Russia.

Conclusion

Executive Order 14024 is a comprehensive set of sanctions against Russia for its harmful foreign activities. The order has had a significant impact on Russia and has strained relations between the two countries.