Review of U.S. Global Sanctions Program Firms and Individuals ,Nuclear Programs, Terrorism,Human Rights Breach,Unrests Oil Sale ,Missiles ,Regional Instability, Russia, North korea, Iran, Cuba ,China The U.S. Government maintains a range of economic sanctions, administered primarily by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”). Most U.S. sanctions are considered “primary sanctions”. To violate U.S. primary sanctions, a transaction must generally involve both (i) a U.S. nexus, and (ii) a sanctioned person (entities or individuals) or a sanctioned jurisdiction. A transaction can have a U.S. nexus if it involves a U.S. person or U.S.-origin products, software, or technology, or if it causes or involves activity within U.S. territory. Importantly, non-U.S. companies and individuals can engage in U.S.-nexus transactions and thereby violate U.S. sanctions.