U.S. Sanctions Against Libya Have Criminal Consequences

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Wednesday, January 1, 1986
Author: 
Bruce Zagaris
Volume: 
2
Issue: 
1
Abstract: 
Sanctions imposed by President Reagan and the Department of Treasury prohibit virtually all transactions with Libya and have both civil and criminal penalties.  Legally, President Reagan set in operation the sanctions when he promulgated Executive Order 12543 of January 7, 1986, "Prohibiting Trade and Certain Transactions Involving Libya." (51 F.R. 875, January 9, 1986).