Category Archives: Egypt Sanctions

Egypt Sanctions

04.22.14
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Sweden Explains It All: Egypt

This is the historical background on the EU sanctions against Egypt:

Egyptian President Hosni Mubarak and several ministers were forced to resign as a result of widespread popular protests in February 2011. The Egyptian authorities have initiated legal action against several of these individuals and those close to them on suspicion of embezzling Egyptian public property. In light of this, the EU decided on 21 March 2011 to introduce targeted sanctions, in the form of freezing of assets, against individual members of the former government and those close to them who are subject to legal measures by the Egyptian authorities. The sanctions were subsequently extended and now apply until 22 March 2014, but are subject to continuous review.

and the description of the current sanctions:

All funds belonging to persons responsible for embezzlement of Egyptian public assets, and natural or legal persons, entities or bodies that are associated with them and that are placed on the EU's sanctions list are to be frozen. Furthermore, no funds or financial resources are to be made available to these persons. In certain cases, however, exemptions can be granted, e.g. on humanitarian grounds. Frozen assets may also be released in certain cases for the enforcement of judgments etc., in order to facilitate their return to the Egyptian state.

The persons who have had their assets frozen are listed in the annex of Council Regulation (EU) No 270/2011; see the section entitled “Relevant EU documents”.

and the relevant EU decisions:

The sanctions are regulated by Council Decision 2011/172/CFSP of 21 March 2011. The decision has been supplemented by Council Decision 2012/723/CFSP, which contains certain further exemptions from the provisions on freezing, etc. In March 2013, Council Decision 2011/172/CFSP was extended until 22 March 2014 through Council Decision 2013/144/CFSP. The council decisions are implemented in EU law through Council Regulation (EU) Nos 270/2011 and 1099/2012.

Link:

Sweden Egypt sanctions page

 

03.10.14
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March 6, 2014: OSFI adds 1, delists 8 under FACFOTER

That's the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations. Here are the changes:

2. Items 9, 19, 47 to 51 and 122 of Schedule 2 to the Regulations are repealed:

9. Rachid Mohamed Rachid (also known among other names as Rachid Mohamed Rachid Rached), born on February 9, 1955 and former Minister of Trade and Industry

19. Hania Mahmoud Abdel Rahman Fahmi (also known among other names as Hanya Mahmoud Abdel-Rahman Fahmy), born on July 5, 1959, spouse of Rachid Mohamed Rachid

47. Hesham El Sayed Mohamed El Hazek (also known among other names as Hesham Elsayed Mohamed Elhazek), born on May 7, 1965, Managing Director of the Egyptian Union Company for Investments

48. Ocsana Pavikina (also known among other names as Oksana Yafekena)

49. Omar Hesham El Sayed El Hazek (also known among other names as Omar Hesham ElSayed ElHazek), born on May 29, 1995

50. Rania AbdelKarim Mohamed El Khattabi (also known among other names as Rania Abdelkarim Mohamed Elkhattabi), born on May 9, 1973, spouse of Hesham El Sayed Mohamed El Hazek

51. Hussein Ali Habib Sajwani (also known among other names as Hussein Aly Habib Segwany)

122. Khaled Mounir Saleh Mostafa Sabet, born on October 12, 1961, son of Mounir Saleh Moustafa Sabet

Links:

OSFI Notice

DFATD FACFOTER page

 

10.25.13
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Export Control Organization modifies Egyptian licensing policy

The ECO has reviewed the 47 suspended licenses for exports and shipments to Egypt and is replacing its blanket suspensions with actions predicated on the likelihood that the goods involved would be used in internal repression.

Notice to Exporters 2013/27 contains the results of that review. Half (24) of the licenses are now no longer suspended, while 16 remain suspended and 7 are revoked – all due to the relative likelihood that the shipped items could be used to sustain the current regime's campaign against the Egyptian people.

Link:

Notice to Exporters 2013/27

 

08.29.13
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UK’s BIS issues Notice to Exporters 2013/24 changes licensing for Egypt

The Department for Business, Innovation and Skills (BIS) has issued a new Notice to Exporters. In the previous one, BIS announced that, in addition to the suspension of licenses for equipment that could be used for internal suppression in Egypt, the Export Control Organization (ECO) would also be reviewing additional existing licenses. The review has been completed, and the holders of 49 additional licenses have been notified that their licenses have now been suspended.

Additionally, this Notice to Exporters now places Egypt to the list of countries not covered by the following Open General Export Licenses (OGELs):

    • Export After Repair/replacement under warranty: Military Goods
    • Export For Repair/replacement under warranty: Military Goods
    • Export After Repair/replacement under warranty: Dual-Use Items
    • Export For Repair/ Replacement Under Warranty: Dual-Use Items

5. Impact on extant licence holders and new licence applicants:

5.1 Extant licence holders will be contacted by ECO to inform them of the suspension.

5.2 The suspension will be kept under review until such time as conditions indicate that it is appropriate to lift these restrictions.

5.3 ECO is considering whether further extant licences should be revoked. ECO will keep you informed about this and any other developments through Notices to Exporters and, where appropriate, through individual notifications.

Existing license holders will be notified by ECO that their licenses are suspended until further notice (e.g. until these changes are reversed). And, of course, ECO is still considering whether additional licenses, beyond these 49, need suspension – which will, of course, necessitate another Notice to Exporters, Mr. Watchlist would wager.

Links:

Notice to Exporters 2013/24