50 U.S. Code § 1707 - Multinational economic embargoes against governments in armed conflict with the United States

(a) Policy on the establishment of embargoesIt is the policy of the United States, that upon the use of the Armed Forces of the United States to engage in hostilities against any foreign country, the President shall, as appropriate—
(1)
seek the establishment of a multinational economic embargo against such country; and
(2)
seek the seizure of its foreign financial assets.
(b) Reports to CongressNot later than 20 days after the first day of the engagement of the United States in hostilities described in subsection (a), the President shall, if the armed conflict has continued for 14 days, submit to Congress a report setting forth—
(1)
the specific steps the United States has taken and will continue to take to establish a multinational economic embargo and to initiate financial asset seizure pursuant to subsection (a); and
(2)
any foreign sources of trade or revenue that directly or indirectly support the ability of the adversarial government to sustain a military conflict against the United States.
Codification

This section enacted as part of the National Defense Authorization Act for Fiscal Year 2000, and not as part of the International Emergency Economic Powers Act which comprises this chapter.

{'misc': '', 'cleanpath': '/uscode/text/50/1707', 'headtext': ' Multinational economic embargoes against governments in armed conflict with the United States', 'cfr_titles': [{'title': '15', 'parts': [{'part': '713', 'cleanpath': '/cfr/text/15/part-713', 'headtext': 'ACTIVITIES INVOLVING SCHEDULE 2 CHEMICALS'}, {'part': '719', 'cleanpath': '/cfr/text/15/part-719', 'headtext': 'ENFORCEMENT'}, {'part': '730', 'cleanpath': '/cfr/text/15/part-730', 'headtext': 'GENERAL INFORMATION'}, {'part': '732', 'cleanpath': '/cfr/text/15/part-732', 'headtext': 'STEPS FOR USING THE EAR'}, {'part': '734', 'cleanpath': '/cfr/text/15/part-734', 'headtext': 'SCOPE OF THE EXPORT ADMINISTRATION REGULATIONS'}, {'part': '736', 'cleanpath': '/cfr/text/15/part-736', 'headtext': 'GENERAL PROHIBITIONS'}, {'part': '738', 'cleanpath': '/cfr/text/15/part-738', 'headtext': 'COMMERCE CONTROL LIST OVERVIEW AND THE COUNTRY CHART'}, {'part': '740', 'cleanpath': '/cfr/text/15/part-740', 'headtext': 'LICENSE EXCEPTIONS'}, {'part': '742', 'cleanpath': '/cfr/text/15/part-742', 'headtext': 'CONTROL POLICY - CCL BASED CONTROLS'}, {'part': '743', 'cleanpath': '/cfr/text/15/part-743', 'headtext': 'SPECIAL REPORTING AND NOTIFICATION'}, {'part': '744', 'cleanpath': '/cfr/text/15/part-744', 'headtext': 'CONTROL POLICY: END-USER AND END-USE BASED'}, {'part': '745', 'cleanpath': '/cfr/text/15/part-745', 'headtext': 'CHEMICAL WEAPONS CONVENTION REQUIREMENTS'}, {'part': '746', 'cleanpath': '/cfr/text/15/part-746', 'headtext': 'EMBARGOES AND OTHER SPECIAL CONTROLS'}, {'part': '747', 'cleanpath': '/cfr/text/15/part-747', 'headtext': ''}, {'part': '748', 'cleanpath': '/cfr/text/15/part-748', 'headtext': 'APPLICATIONS (CLASSIFICATION, ADVISORY, AND LICENSE) AND DOCUMENTATION'}, {'part': '750', 'cleanpath': '/cfr/text/15/part-750', 'headtext': 'APPLICATION PROCESSING, ISSUANCE, AND DENIAL'}, {'part': '752', 'cleanpath': '/cfr/text/15/part-752', 'headtext': ''}, {'part': '754', 'cleanpath': '/cfr/text/15/part-754', 'headtext': 'SHORT SUPPLY CONTROLS'}, {'part': '756', 'cleanpath': '/cfr/text/15/part-756', 'headtext': 'APPEALS'}, {'part': '758', 'cleanpath': '/cfr/text/15/part-758', 'headtext': 'EXPORT CLEARANCE REQUIREMENTS'}, {'part': '760', 'cleanpath': '/cfr/text/15/part-760', 'headtext': 'RESTRICTIVE TRADE PRACTICES OR BOYCOTTS'}, {'part': '762', 'cleanpath': '/cfr/text/15/part-762', 'headtext': 'RECORDKEEPING'}, {'part': '764', 'cleanpath': '/cfr/text/15/part-764', 'headtext': 'ENFORCEMENT AND PROTECTIVE MEASURES'}, {'part': '766', 'cleanpath': '/cfr/text/15/part-766', 'headtext': 'ADMINISTRATIVE ENFORCEMENT PROCEEDINGS'}, {'part': '768', 'cleanpath': '/cfr/text/15/part-768', 'headtext': 'FOREIGN AVAILABILITY DETERMINATION PROCEDURES AND CRITERIA'}, {'part': '770', 'cleanpath': '/cfr/text/15/part-770', 'headtext': 'INTERPRETATIONS'}, {'part': '772', 'cleanpath': '/cfr/text/15/part-772', 'headtext': 'DEFINITIONS OF TERMS'}, {'part': '774', 'cleanpath': '/cfr/text/15/part-774', 'headtext': 'THE COMMERCE CONTROL LIST'}]}, {'title': '19', 'parts': [{'part': '161', 'cleanpath': '/cfr/text/19/part-161', 'headtext': 'GENERAL ENFORCEMENT PROVISIONS'}]}, {'title': '37', 'parts': [{'part': '5', 'cleanpath': '/cfr/text/37/part-5', 'headtext': 'SECRECY OF CERTAIN INVENTIONS AND LICENSES TO EXPORT AND FILE APPLICATIONS IN FOREIGN COUNTRIES'}]}], 'section': '1707'}