US renews Iraq sanctions for 1 year

In May 2003, the US adopted Executive Order (E.O.) 13303, which declared a national emergency with respect to Iraq. The E.O. was later amended by (inter alia) E.O. 13315, E.O. 13350 and E.O. 13438, which imposed asset freezes on the “former Iraqi regime, its senior officials and their family members”, as well as on those “threatening stabilisation efforts in Iraq […] and undermining efforts to promote economic construction and political reform of Iraq or the Government of Iraq”.

The US has renewed the sanctions for 1 year by continuing the national emergency as declared. White House press release.