Page:United States Statutes at Large Volume 112 Part 4.djvu/892

 112 STAT. 2681-863 PUBLIC LAW 105-277—OCT. 21, 1998 under the Constitution arising from the acts or omissions of any foreign person, officer, or employee of the Organization, including any member of an inspection team of the Technical Secretariat, taken under color of the Chemical Weapons Convention or this Act. (2) SANCTIONS ON FOREIGN COMPANIES.— (A) IMPOSITION OF SANCTIONS.—The sanctions provided in subparagraph (B) shall be imposed for a period of not less than ten years upon— (i) any foreign person, officer, or employee of the Organization, including any member of an inspection team of the Technical Secretariat, for whose actions or omissions the United States has been held liable for a tort or taking pursuant to this Act; and (ii) any foreign person or business entity organized and operating under the laws of a foreign nation which knowingly assisted, encouraged or induced, in any way, a foreign person described in clause (i) to publish, divulge, disclose, or make known in any manner or to any extent not authorized by the Convention any United States confidential business information. (B) SANCTIONS.— (i) ARMS EXPORT TRANSACTIONS. — The United States Government shall not sell to a person described in subparagraph (A) any item on the United States Munitions List and shall terminate sales of any defense articles, defense services, or design and construction services to a person described in subparagraph (A) under the Arms Export Control Act. (ii) SANCTIONS UNDER EXPORT ADMINISTRATION ACT OF 1979. —The authorities under section 6 of the Export Administration Act of 1979 shall be used to prohibit the export of any goods or technology on the control list established pursuant to section 5(c)(1) of that Act to a person described in subparagraph (A). (iii) INTERNATIONAL FINANCIAL ASSISTANCE.— The United States shall oppose any loan or financial or technical assistance by international financial institutions in accordance with section 701 of the International Financial Institutions Act to a person described in subparagraph (A). (iv) EXPORT-IMPORT BANK TRANSACTIONS. — The United States shall not give approval to guarantee, insure, or extend credit, or to participate in the extension of credit to a person described in subparagraph (A) through the Export-Import Bank of the United States. (v) PRIVATE BANK TRANSACTIONS.— Regulations shall be issued to prohibit any United States bank from making any loan or providing any credit to a person described in subparagraph (A). (vi) BLOCKING OF ASSETS.— The President shall take all steps necessary to block any transactions in any property subject to the jurisdiction of the United States in which a person described in subparagraph (A) has any interest whatsoever, for the purpose of

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