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What are the prohibitions on dealings with the Palestinian Authority?

April 26, 2017authority dealings Palestinian prohibitions

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What are the prohibitions on dealings with the Palestinian Authority?

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As a result of elections held in January, 2006, representatives of HAMAS currently form the majority party within the Palestinian Legislative Council (PLC) and hold high-level offices within the Palestinian Authority (PA) including the position of Prime Minister. HAMAS is a target of three OFAC terrorism sanctions programs, resulting in the blocking of any property and interests in property of HAMAS that are in the United States or hereafter come within the United States , or that are in or hereafter come within the possession or control of a United States person. OFAC has determined that, as a result of the recent elections, HAMAS has a property interest in the transactions of the Palestinian Authority. Accordingly, pursuant to OFAC’s terrorism sanctions programs, U.S. persons are prohibited from engaging in transactions with the Palestinian Authority unless authorized.