Treasury Frees Eritrean Assets After Ethiopia Emergency Ends
Published Date: 9/23/2026
Notice
Summary
The U.S. Treasury’s OFAC has lifted sanctions on certain Eritrean individuals and groups linked to Ethiopia, removing them from the blocked list as of September 18, 2026. This means their property in the U.S. is no longer frozen, signaling a big change in how these people and organizations can do business. The move follows the end of a national emergency that started in 2021.
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Two Eritrean Individuals Unblocked
On September 18, 2026, OFAC removed two named Eritrean individuals (Abraha Kassa and Hagos Ghebrehiwet W Kidan) from the Specially Designated Nationals (SDN) List. Their property and interests in property subject to U.S. jurisdiction are no longer blocked as of that date.
Four Eritrean Entities Unblocked
On September 18, 2026, OFAC removed four named Eritrean entities (Eritrean Defense Forces; Hidri Trust; People’s Front for Democracy and Justice; Red Sea Trading Corporation) from the SDN List. Their property and interests in property subject to U.S. jurisdiction are no longer blocked as of that date.
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