March 6, 2019: And now it’s GAZ Group’s turn…

Temporary Extension of Ukraine-related General Licenses

Today OFAC extended the expiration date of two general licenses related to GAZ Group by issuing General License No. 13K – Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons, and General License No. 15E – Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts.

The new versions of these General Licenses expire July 6th, 2019.

Links:

OFAC Notice

General License 13K

General License 15E

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