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 with respect to Cuba, continuing economic sanctions implemented through the Cuban Assets Control Regulations until September 14, 2016. This annual continuation maintains the legal framework for the U.S. embargo on Cuba.

Impact dates

  1. Continued authorities expire unless extended again

Key directives

  • Continue exercise of Trading With the Enemy Act authorities with respect to Cuba for 1 year until September 14, 2016
  • Secretary of the Treasury to publish determination in the Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of TWEA authorities takes effect upon signing

Near term (90d)

Long term

  • Sanctions regime continues through September 14, 2016

Risks & tensions

  • Annual renewal mechanism creates procedural uncertainty despite long-standing practice
  • Maintains sanctions during period of U.S.-Cuba diplomatic normalization (2014-2017)
Presidential Determination: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders