Hold on Funds in United States
Lifted: Hold on Funds for Mdb in the History of U.S. Economic Sanctions Imposed against China
Note: the date of this economic sanction is: JANUARY 3, 1990
President Bush certified to Congress that the International Development Association (IDA) had not provided any new loans to China since June 27, 1989. Until 1989, China had received large amounts of IDA credits. The President’s certification permitted the United States to pay its contribution of $115 million to IDA in November 1990.
Sanctions by Authority:
Presidential Determination 90-6, January 3, 1990 (55 F.R. 595)
Occasion(s) Detailed
See November 21, 1989, for original sanction
Note: Based on the China: U.S. Economic Sanctions Report.
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