US President, Joe Biden has signed an Executive Order, imposing sanctions on certain persons with respect to the Humanitarian and Human Rights Crisis in Ethiopia.
This is in response to the growing conflict, humanitarian, and human rights crisis which has threatened the peace, security, and stability of the country and the greater Horn Of Africa Region.
The executive order declares a national emergency and provides the Secretary of the Treasury, in consultation with the Secretary of State, the Authorities to impose a range of targeted sanctions on persons determined, among other things, to be responsible for or complicit in actions or policies that expand or extend the ongoing crisis or obstruct a ceasefire or peace process in Northern Ethiopia or commit serious human rights abuse.
Speaking on the executive order, the Deputy Secretary Of The Treasury, Wally Adeyemo said “together, with allies, partners, and international organizations, the United States wants all parties involved in the crisis to enter Into negotiations to end the Conflict.
According To Him, the conflict has created a widespread humanitarian crisis and threatens the stability of Ethiopia.
He said the Treasury Department Is prepared to employ a range of targeted actions to hold accountable anyone contributing or worsening the crisis.
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Adeyemo noted that the negotiated end of the conflict will set the stage for the United States and international partners to reengage and support Ethiopia’s reforms to boost economic growth and job creation.
The Executive Order, a national emergency provides the Secretary of The Treasury, in consultation with the Secretary Of State, authorities to impose a range of targeted sanctions on persons determined, among other things, to be responsible for or complicit in actions or policies that expand or extend the ongoing crisis or obstruct a ceasefire or peace process in Northern Ethiopia or commit serious human rights abuse.
The E.O. authorizes targeting of actors contributing to the crisis in Northern Ethiopia and is not directed at the people of Ethiopia, Eritrea, or the greater Horn of Africa Region.
Treasury remains committed to Ensuring that U.S. sanctions do not limit the ability of civilians located in Ethiopia and the region to receive humanitarian support from the international community.
Treasury also issued 3 general licenses which authorise official activities of certain international organizations and other international entities, certain transactions in support of Non-Governmental Organizations (NGOS) activities, and certain transactions related to the exportation or importation of agricultural commodities, food, medicine, and medical items.
(Editor:Abaje Usekwe)
