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Taliban Rare Earth Minerals Sanctions Act

Source: Congress.gov  ·  637 words in original text
This bill directs the President to impose financial and travel sanctions on foreign persons who knowingly engage in significant business dealings with Afghanistan's rare earth mineral sector. The bill aims to punish those involved in transactions with the rare earth mineral industry in Afghanistan. ##
- Foreign persons (individuals or entities from outside the U.S.) who do business with Afghanistan's rare earth mineral sector - The President and the Secretary of State - The Secretary of Homeland Security - U.S. persons who may be involved in transactions with sanctioned parties ##
- The President must impose sanctions 180 days after the bill becomes law on foreign persons who knowingly engage in significant transactions with anyone involved in Afghanistan's rare earth mineral sector (Sec. 2(a)) - The President shall freeze all property and financial interests in the U.S. belonging to sanctioned persons (Sec. 2(d)(1)) - The Secretary of State must deny visas and the Secretary of Homeland Security must prevent entry to the U.S. for sanctioned foreign persons (Sec. 2(d)(2)) - Sanctions cannot apply to the importation of goods, which includes articles, materials, supplies and manufactured products but not technical data (Sec. 2(b)) - Violating these sanctions brings penalties under existing federal law (Sec. 2(c)) ##
Starting 180 days after the bill becomes law, foreign persons doing business with Afghanistan's rare earth mineral sector will have their U.S. property frozen and be banned from entering the United States. ##
"Good" means any article, natural or man-made substance, material, supply or manufactured product, including inspection and test equipment, but excluding technical data (information or knowledge). ##
The sanctions take effect 180 days after the date the bill becomes law. The specific calendar date is not specified in the bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.