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Embargoed
Goods and Prohibited Countries
Various U.S.
agencies have sanctions in place that substantially regulate or ban
all trade with particular countries (including Cuba, Iran, Iraq,
Libya, North Korea and other countries). Federal agencies have also
banned or regulated trade between U.S. persons with certain
organizations, businesses and persons. As a result, NwMarketplace
does not permit the sale of embargoed items from, with or to those
countries, organizations, businesses or persons.
Under U.S. law,
trade in items made in Cuba may not be lawful, depending on the
nature of the item, when it was manufactured, and when it left Cuba,
among other factors. Generally, items from Cuba may be sold only if
they are "informational," "pre-embargo," or
"licensed."
Sellers willing to
ship internationally, and sellers of items made outside the United
States, should periodically review current information about which
countries may be affected by sanctions enforced by the Office of
Foreign Assets Control of the U.S. Department of the Treasury. See
“Additional Information” below for more details about
laws governing such trades.
Violations of this
policy may result in a range of actions, including:
Cuba
Any Cuban item of
an "informational" nature, such as books, movies, artwork,
photographs, music, and similar materials may be sold on any
NwMarketplace site without restrictions.
Generally,
non-informational Cuban items may only be sold if the item was
removed from Cuba (or the possession of a Cuban national) before
July 8, 1963, when a U.S. embargo was put into effect
("pre-embargo"). Items listed under this exception may not
be sold to persons outside the U.S.
Any Cuban item
prohibited by the rule above may be sold, though, if the listing is
accompanied by a scan of a specific license issued by the Department
of Treasury Office of Foreign Assets Control that "unblocks"
or otherwise terminates the Cuban interest in the item.
Cancelled Cuban
stamps are treated as "informational" items and may
therefore be listed without restriction.
Uncancelled stamps
or currency issued by the government of Cuba after the embargo date
may not be listed.
Uncancelled stamps
or currency issued by the government of Cuba before the embargo
date, but still in Cuba (or in the possession of a Cuban national)
at any time after the embargo date, may NOT be listed.
This NwMarketplace
policy is only a general guideline, and should be a starting point
for members trading in such items. For more details about laws
governing such trades, and copies of the actual governing laws, visit
the U.S. Department of Treasury Office
of Foreign Assets Control.
International
sellers should also familiarize themselves with other federal
agencies and restrictions that they may have in place. Links to these
agencies' web sites are maintained on the Department of Commerce
Bureau
of Industry and Security
Web site.
Additional
information about these regulations and lists of these prohibited
persons can be found at the Office
of Foreign Assets Control
and the Denied
Persons List.
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