US bans business with Hamas

By Reuters, Jerusalem
The US government said on Friday it barred American citizens, US companies and foreign companies operating in the United States from doing most business with the Hamas-led Palestinian Authority, warning violators could face sanctions.

The US Treasury Department gave them 30 days to terminate ongoing contracts and programmes with the Authority.

"Transactions with the Palestinian Authority by US persons are prohibited, unless licensed," a Treasury Department document said, citing "existing terrorism sanctions programmes."

Treasury Department spokeswoman Molly Millerwise said: "Companies operating in the US are subject to US jurisdiction. Likewise, US companies operating abroad are still subject to US jurisdiction and must abide by US law."