OFAC Moves to Finalize Removing Zimbabwe Sanctions Regulations

The Office of Foreign Assets Control said April 16 that it’s issuing a final rule to remove the Zimbabwe sanctions regulations from the Code of Federal Regulations. OFAC said it’s taking the action because President Joe Biden on March 4 terminated the 2003 national emergency declaration for Zimbabwe (see 2403040039). The final rule will take effect upon publication in the Federal Register April 17.