On October 24, 2022, President Biden signed an Executive Order (E.O.) that amends E.O. 13851 (Blocking Property of Certain Persons Contributing to the Situation in Nicaragua) to expand the authorities available to increase targeted pressure on the Ortega-Murillo regime.
The amended E.O. adds new authorities to allow for the imposition of future restrictions on certain trade with Nicaragua to limit the outsized financial benefits of certain trade from flowing to the Ortega-Murillo regime, as warranted. This could potentially include restrictions on both imports into the United States from Nicaragua and exports from the United States to Nicaragua.
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