Opic Transactions in United States
Modified: Opic Transactions Allowed in the History of U.S. Economic Sanctions Imposed against China
Note: the date of this economic sanction is: AUG. 8, 1980
The Overseas Private Investment Corporation is permitted to operate in the People’s Republic of China if the President determines that such activity is important to the United States national interest. President Carter made such a determination.
Sanctions by Authority:
Sec. 239(g) (redesignated as subsec. (f) in 1981) of the Foreign Assistance Act of 1961 [P.L. 87-195; 22 U.S.C. 2199(f)]; as amended by Public Law 96-327 [August 8, 1980; 94 Stat. 1026]; Presidential Determination No. 80-25, August 8, 1980 (45 F.R. 54299)
Occasion(s) Detailed
See
Note: Based on the China: U.S. Economic Sanctions Report.