Region: West Bank; Israel

511454365, Company Number

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Amana the Settlement Movement of Gush Emunim Central Cooperative Association Ltd (Amana), a settlement development organization that is involved with U.S.-sanctioned individuals and outposts that perpetrate violence in the West Bank, and its subsidiary Binyanei Bar Amana Ltd. OFAC today is also sanctioning Amana’s subsidiary, Binyanei Bar Amana Ltd (BBA). BBA is a construction and development company that builds and sells homes in settlements and outposts in the West Bank. OFAC is sanctioning Amana pursuant to E.O. 14115 for being a foreign person that is responsible for or complicit in, or has directly or indirectly engaged or attempted to engage in, planning, ordering, otherwise directing, or participating in seizure or dispossession of property by private actors, affecting the West Bank. OFAC is sanctioning BBA pursuant to E.O. 14115 for being a foreign person that is owned or controlled by, or has acted or purported to act for or on behalf of, directly or indirectly, Amana.

https://home.treasury.gov/news/press-releases/jy2715

2024-11-18

US

Executive Order 14115 of February 1, 2024 Imposing Certain Sanctions on Persons Undermining Peace, Security, and Stability in the West Bank

OFAC country specific

West Bank

Blocking Property, Suspending Entry

The United States has consistently opposed actions that undermine stability in the West Bank and the prospects of peace and security for Israelis and Palestinians alike. This includes attacks by Israeli settlers against Palestinians and Palestinian attacks against Israelis. There is no justification for extremist violence against civilians, whatever their national origin, ethnicity, or religion. The United States has therefore implemented new measures to address actions that undermine peace, security, and stability in the West Bank. This follows the related visa restriction policy announced by the State Department on December 5, 2023. The United States has taken action against persons connected to escalating violence against civilians in the West Bank. The Department of State is imposing financial sanctions on four individuals pursuant to a new Executive Order that President Biden announced today to promote accountability for certain harmful activities that threaten the peace, security, and stability of the West Bank. The Executive Order establishes U.S. authority to issue financial sanctions against those directing or participating in certain actions, including acts or threats of violence against civilians, intimidating civilians to cause them to leave their homes, destroying or seizing property, or engaging in terrorist activity in the West Bank.

SDN