Issuance of Amended Venezuela-related General License; Temporary Extension of Ukraine-related General Licenses
Issuance of Amended Venezuela-related General License; Temporary Extension of Ukraine-related General Licenses
6/26/2019
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending Venezuela-related
Today OFAC extended the expiration date of two general licenses related to GAZ Group by issuing General License No. 13L – Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons, and General License No. 15F – Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with GAZ Group, or Certain Automotive Safety Activities.
In addition, General License No. 15F includes a new authorization for certain safety-related activity.
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