Executive Order 12635, Prohibiting Certain Transactions with Respect to Panama
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In response to the policies and actions of General Noriega, President Reagan declared a national emergency to deal with the threat of those actions and policies to the national security, foreign policy and United States economy. The order blocks all property of the government of Panama in the United States, prohibits direct and indirect payments to the Noriega/Solis regime, all payments due will be made to the Federal Reserve Bank of New York and help in trust for the Panamanian people. These payments included social security payments from organizations, such as STRI, to the Government of Panama for their Panamanian workers.
Smithsonian Legal Documents
The section of the order regarding payments to the Noriega/Solis regime was amended on June 15, 1988 to allow the payment of social security taxes to the regime by persons and subsidiaries located in Panama.
Smithsonian Institution Archives, Accession 94-128, Assistant Secretary for Research, c. 1989-1993, Records, Box 8 (Documents)
Institutional History Division, Smithsonian Institution Archives, 600 Maryland Avenue, S.W., Washington, D.C. 20024-2520, SIHistory@si.edu
04/08/1988
Panama
Number of pages: 2; Page Numbers: 1-2