EO 13310Executive OrderG.W. Bush · R Quiet signal

Executive Order 13310

Blocking Property of the Government of Burma and Prohibiting Certain Transactions

This executive order imposes economic sanctions on Burma's government by blocking assets of designated officials and state entities in the U.S., prohibiting financial services exports to Burma, and banning Burmese imports effective 30 days after July 29, 2003. It implements the Burmese Freedom and Democracy Act of 2003 and revokes inconsistent provisions of the prior 1997 sanctions order.

Impact dates

  1. Import ban on Burmese products takes effect

  2. Order effective; asset blocking and financial services ban take effect

Key directives

  • Block all property of listed Burmese entities and senior officials (Section 1)
  • Prohibit export/reexport of financial services to Burma (Section 2)
  • Prohibit importation of Burmese products beginning 30 days after effective date (Section 3)
  • Waive import prohibitions only for diplomatic/consular/UN obligations (Section 8)
  • Treasury to promulgate regulations in consultation with State (Section 9)
  • Revoke inconsistent provisions of EO 13047 (Section 12)

Who is ordered

Timeline

Immediate

  • Asset blocking takes effect 12:01 a.m. EDT July 29, 2003
  • Financial services export ban takes effect immediately
  • Pre-1997 agreement grandfathering clarified

Near term (90d)

  • Import ban on Burmese products takes effect August 28, 2003 (30 days after effective date)
  • Treasury/State to issue implementing regulations

Long term

  • Ongoing sanctions enforcement and potential designations
  • Potential removal of persons from Annex by Treasury determination
  • Continued trade embargo unless policy changes or Congressional action

Risks & tensions

  • Diplomatic friction with Burma and potentially ASEAN partners
  • Enforcement challenges for U.S. financial institutions identifying indirect Burma dealings
  • Grandfathering of pre-1997 agreements may create compliance complexity
  • Humanitarian impact on Burmese civilian population from broad trade restrictions
  • Potential WTO or trade-law challenges to unilateral sanctions
Executive Order 13310: Blocking Property of the Government of Burma and Prohibiting Certain Transactions · Executive Orders