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Sanctions Profile: Zimbabwe
At a glance
EU sanctions on Zimbabwe were first imposed in 2002, by Common Position 2002/145/CFSP, in relation to the escalation of violence and intimidation of political opponents and the harassment of the independent press. The sanctions comprised an arms embargo, as well as an asset freeze and travel ban on targeted people and entities. The current EU sanctions regime on Zimbabwe is imposed pursuant to Council Regulation (EC) No 314/2004 (as amended) and Council Decision 2011/101/CFSP (as amended), and likewise consists of an arms embargo and targeted asset freezes and travel bans.
News
OFAC waives penalty on Zimbabwe bank
It has been reported that OFAC has decided to waive a $385m penalty imposed on Zimbabwe’s CBZ Holdings in 2017. A cautionary letter was issued after OFAC finished a review of 15,000 transactions carried out by CBZ from 2009 to 2014 on behalf of ZB Bank, which was US-designated at the time.
Zimbabwe
OFAC designates Zimbabwean businessman & his company
OFAC has listed Zimbabwean businessman Kudakwashe Regimond Tagwirei for providing support to the leadership of the Zimbabwean government, and his company Sakunda Holdings, for being owned/controlled by Mr Tagwirei, pursuant to E.O. 13469. Tagwirei is said to have used his relationship with US-designated President Mnangagwa and other officials to gain state contracts, and access hard currency, such as US dollars, …
US amends Zimbabwe sanctions regs to remove banks’ general licence
OFAC has amended the Zimbabwe Sanctions Regulations, 31 CFR part 541 to remove a general licence which authorised transactions involving Agricultural Development Bank of Zimbabwe and Infrastructure Development Bank of Zimbabwe. Authorisation to engage in transactions with the banks is no longer required following their delisting in 2016. Final Rule and Notice.
Third countries align with EU Zimbabwe arms embargo & sanctions
In February 2020, the EU Council adopted Decision (CFSP) 2020/215, which renewed for 1 year its arms embargo on Zimbabwe and asset freeze against Zimbabwe Defence Industries; removed Robert Mugabe’s listing; suspended Grace Mugabe’s listing; and renewed the designations of 3 officials, which are currently suspended (see post). Press release here. The following countries have aligned themselves with this decision: …
UN Special Rapporteur for food calls for immediate sanctions relief
Hilal Elver, UN Special Rapporteur on the Right to Food, has called for the immediate lifting of sanctions on Syria, Venezuela, Iran, Cuba and Zimbabwe, as such measures “severely undermine the ordinary citizens’ fundamental right to sufficient and adequate food” in light of the Covid-19 pandemic. The Special Rapporter issued a statement saying that countries under unilateral economic sanctions are …
Iran
North Korea
Venezuela
SyriaCurrent Sanctions
Consolidated
Council Regulation (EC) No 314/2004
Parent Regulation
Council Regulation (EC) No 314/2004
Amended by:
Commission Regulation (EC) No 1488/2004
Commission Regulation (EC) No 898/2005
Commission Regulation (EC) No 1272/2005
Commission Regulation (EC) No 1367/2005
Council Regulation (EC) No 1791/2006
Commission Regulation (EC) No 236/2007
Commission Regulation (EC) No 412/2007
Commission Regulation (EC) No 777/2007
Commission Regulation (EC) No 702/2008
Commission Regulation (EC) No 1226/2008
Commission Regulation (EC) No 77/2009
Commission Regulation (EU) No 173/2010
Commission Regulation (EU) No 174/2011
Commission Implementing Regulation (EU) No 151/2012
Commission Implementing Regulation (EU) No 145/2013
Council Regulation (EU) No 517/2013
Commission Implementing Regulation (EU) No 915/2013
Council Regulation (EU) No 153/2014
Commission Implementing Regulation (EU) 2015/275
Council Regulation (EU) 2015/612
Council Regulation (EU) 2015/1919
Commission Implementing Regulation (EU) 2015/1921
Council Regulation (EU) 2016/214
Commission Implementing Regulation (EU) 2016/218
Council Regulation (EU) 2017/284
Commission Implementing Regulation (EU) 2018/223
Council Regulation (EU) 2019/278
Commission Implementing Regulation (EU) 2020/219
Council Regulation (EU) 2020/213
Consolidated
Council Decision 2011/101/CFSP
Parent Decision
Council Decision 2011/101/CFSP
Amended by: