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Informational Memorandum
Subject:Trade Embargo
Date of Memorandum:01/05/1998
Expiration Date:
Office:OE
Signed By:Smith, Roland
FCA Contact Person:Miller, Charlotte
Contact Phone:703-883-4272
List of Attachments:Announcement of Executive Order 13067

INFORMATIONAL MEMORANDUM




January 5, 1998


To: Douglas D. Sims, Chief Executive Officer
CoBank, ACB

Dennis A. Johnson, President
and Chief Executive Officer
St. Paul Bank for Cooperatives

From: Roland E. Smith, Director /s/
Office of Examination

Subject: Trade Embargo Against Sudan and Total Asset Freeze Against the Government of Sudan


The Department of Treasury's Office of Foreign Assets Control (OFAC) has announced the issuance of Executive Order 13067 which imposes a trade embargo against Sudan and a total asset freeze against the Government of Sudan. Attached is a copy OFAC's announcement of that Executive Order. If your institution does any business with the companies or financial institutions listed in OFAC's announcement, you must block the accounts immediately and cease any business involvement with them.

If you have any questions regarding information contained in this memorandum, please contact Charlotte Miller in the Office of Examination at (703)883-4272.

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