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The original was posted on /r/armenia by /u/T-nash on 2025-10-08 09:45:20+00:00.
About the PEACE Act:
Deters renewed aggression: Upon a presidential determination that Azerbaijan has engaged in hostile actions against Armenia, the bill mandates sanctions on responsible senior officials, units, enablers, and complicit foreign actors.
Targets financial enablers: Requires restrictions on foreign financial institutions that knowingly facilitate significant transactions for designated Azerbaijani institutions tied to petroleum trade.
Protects humanitarian channels: Preserves transactions for agricultural commodities, food, medicine, and medical devices; maintains exceptions for U.S. intelligence activities and treaty obligations.
Backstops diplomacy: Authorizes additional sanctions on actors who knowingly attempt to delay, frustrate, or thwart a peace agreement consistent with this year’s Joint Declaration.
Ensures oversight: Requires regular presidential reporting to Congress on any hostile actions as well as the effectiveness and status of any sanctions. It also provides for termination criteria and a seven-year sunset.
Published by Armenpress, original at https://armenpress.am/en/article/1231470