> “As a result of today’s action, all property and interests in property of the individual and entity above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are generally prohibited. The prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person, or the receipt of any contribution or provision of funds, goods, or services from any such person.”
So essentially he can’t engage with US markets? Is this effective/relevant for a Bosnian-Serb nationalist? I know we all like US capital markets but I can’t see this as being a huge blow to him personally considering his assets are most likely within Europe – am I missing something?
I am guessing Dodik doesn’t have any property in the US anyway
Always baffles my how EU is backing a “unified” Bosnia where Muslim majority can take decisions without the approbation of the minorities.
In Belgium that is way more peacfull and setteled, without the approbation of French Speaking ministers, you can’t approuve an ministerial order to change the Color of a random certificat but Bosnia coming from a war should for some reason have a mechanism to overrule the veto of it’s parts ?
3 comments
From US Dept of Treasury:
> “As a result of today’s action, all property and interests in property of the individual and entity above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are generally prohibited. The prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person, or the receipt of any contribution or provision of funds, goods, or services from any such person.”
So essentially he can’t engage with US markets? Is this effective/relevant for a Bosnian-Serb nationalist? I know we all like US capital markets but I can’t see this as being a huge blow to him personally considering his assets are most likely within Europe – am I missing something?
https://home.treasury.gov/news/press-releases/jy0549
I am guessing Dodik doesn’t have any property in the US anyway
Always baffles my how EU is backing a “unified” Bosnia where Muslim majority can take decisions without the approbation of the minorities.
In Belgium that is way more peacfull and setteled, without the approbation of French Speaking ministers, you can’t approuve an ministerial order to change the Color of a random certificat but Bosnia coming from a war should for some reason have a mechanism to overrule the veto of it’s parts ?