The following countries are subject to fairly complete trade
restrictions at the moment. These fall into the 'don't bother'
Burma - all new investment is prohibited. This is defined as entering
into any contract with the government of Burma or with any Burmese
organisation. However, the sale or purchase of goods and services to
or from Burma is permitted, provided that it does not result in US
companies or persons acquiring equity or shares in any part of the
country. You can read the regulations in full here:
Cuba - export and import to and from Cuba is forbidden. The only
exemptions are for articles such as books, CDs, medicine (with a
license) and agricultural goods. Read the regulations here:
Iran - exports to Iran are expressly forbidden. Imports from Iran are
forbidden except for some foodstuffs and carpets (!)
Iraq - all business, imports and exports are forbidden.
Libya - heavy restrictions on import and export. Imports from Libya
are forbidden except for non-commercial tourist items, and exports are
restricted to medicine, agricultural goods, food and clothing.
North Korea - imports from North Korea are entirely banned. However,
the ban on exports to the country has been lifted, but is still
sunject to license. You will need to apply to the Office of Foreign
Assets Control for an export license - as long as your product has no
connection with missile technology, it should be granted.
Sudan - imports are forbidden, exports except for medicine, food, and
agricultural machinery forbidden.
There are limited restrictions in effect on the following countries
The Balkans - restrictions on trade with and donations to named
persons, companies and organisations connected with undermining the
stability of the region. The list is very long, but you can read it
The list mainly consists of political and paramilitary persons and
Liberia and Sierra Leone - importing of diamonds is forbidden. I don't
expect this applies to you!
Angola - restrictions on the import of diamonds, and trade with anyone
connected with the UNITA regime.
As you will have spotted, all the regulations listed above are from
the US Office of Foreign Assets Control. Their website is
The Office also produces a list of Specifically Designated Nationals,
with whom it is forbidden to do business. The list consists of
terrorists and terrorist organisations, criminals and regimes of whom
the US does not approve. It can be read in full here:
If you need any more information, please ask for clarification.