ExecutiveOrdersEO
DetDeterminationObama · D

Presidential Determination

Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act

President Obama extended for one year the exercise of certain authorities under the Trading With the Enemy Act as they apply to Cuba, continuing economic sanctions implemented through the Cuban Assets Control Regulations. The extension maintains the long-standing embargo framework ahead of its scheduled September 14, 2010 expiration.

Federal Register Open PDF 75 FR 54459

Impact dates

  1. Extended authorities expire unless renewed

Key directives

  • Continue exercise of Trading With the Enemy Act authorities with respect to Cuba for 1 year
  • Secretary of the Treasury to publish determination in the Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of Cuban Assets Control Regulations takes effect upon signing

Near term (90d)

—

Long term

  • Authorities remain in effect until September 14, 2011

Risks & tensions

  • Annual renewal mechanism creates recurring uncertainty for Cuba-related commerce
  • Maintains decades-long sanctions regime despite periodic debate over Cuba policy reform
Presidential Determination: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders