; and (B) provide mutual support to such allies and partners participating in such initiative to respond to such state-sponsored cyber activities. (g) Exemptions, waivers, and removals of sanctions and designations (1) Mandatory exemptions The following activities shall be exempt from sanctions under subsections (b), (c), and (d): (A) Activities subject to the reporting requirements of title V of the National Security Act of 1947 ( 50 U.S.C. 413 et seq.), or to any authorized intelligence activities of the United States. (B) Any transaction necessary to comply with United States obligations under the Agreement between the United Nations and the United States of America regarding the Headquarters of the United Nations, signed June 26, 1947, and entered into force on November 21, 1947, or under the Vienna Convention on Consular Relations, signed April 24, 1963, and entered into force on March 19, 1967, or under other international obligations. (2) Waiver The President may waive the imposition of sanctions described in this section for a period of not more than 1 year, and may renew such waiver for additional periods of not more than 1 year, if the President transmits to the appropriate congressional committees a written determination that such waiver meets one or more of the following requirements: (A) Such waiver is in the national interests of the United States. (B) Such waiver will further the enforcement of this Act or is for an important law enforcement purpose. (C) Such waiver is for an important humanitarian purpose. (3) Removals of sanctions and designations The President may prescribe rules and regulations for the removal of sanctions under subsections (b), (c), and (d) and the removal of designations under subsection (a) if the President determines that a foreign person, agency or instrumentality of a foreign state, or government of a foreign state subject to such sanctions or such designations, as the case may be, has verifiably ceased its participation in any of the conduct with respect to which such