Rule2024-24524
Publication of Western Balkans Stabilization Regulations Web General Licenses 3A, 4, and 5
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 23, 2024
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing three general licenses (GLs) issued pursuant to the Western Balkans Stabilization Regulations: GLs 3A, 4, and 5, each of which was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 89 Issue 205 (Wednesday, October 23, 2024)</title>
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[Federal Register Volume 89, Number 205 (Wednesday, October 23, 2024)]
[Rules and Regulations]
[Pages 84472-84474]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-24524]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 588
Publication of Western Balkans Stabilization Regulations Web
General Licenses 3A, 4, and 5
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of Web General Licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing three general licenses (GLs) issued
pursuant to the Western Balkans Stabilization Regulations: GLs 3A, 4,
and 5, each of which was previously made available on OFAC's website.
DATES: GLs 3A, 4, and 5 were issued on June 18, 2024. See SUPPLEMENTARY
INFORMATION for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; or
[[Page 84473]]
Assistant Director for Compliance, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>.
Background
On June 18, 2024, OFAC issued GLs 3A, 4, and 5 to authorize certain
transactions otherwise prohibited by the Western Balkans Stabilization
Regulations, 31 CFR part 588. GL 3A superseded GL 3, which was issued
on November 16, 2023. Each GL was made available on OFAC's website
(<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>) when it was issued. The text of these GLs is
provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Western Balkans Stabilization Regulations
31 CFR Part 588
GENERAL LICENSE NO. 3A
Authorizing Certain Transactions Related to Agricultural Commodities,
Medicine, Medical Devices, Replacement Parts and Components, Software
Updates, or Medical Prevention, Diagnosis, or Treatment, or Clinical
Trials Involving Certain Blocked Entities
(a) Except as provided in paragraph (d) of this general license,
all transactions prohibited by the Western Balkans Stabilization
Regulations, 31 CFR part 588 (WBSR), involving one or more of the
blocked entities described in paragraph (b) related to the following
are authorized: (1) the production, manufacturing, sale, transport, or
provision of agricultural commodities, agricultural equipment,
medicine, medical devices, replacement parts and components for medical
devices, or software updates for medical devices; (2) the prevention,
diagnosis, or treatment of any disease or medical condition; or (3) the
conduct of clinical trials or other medical research.
(b) The authorization in paragraph (a) of this general license
applies to the following blocked entities:
(1) Orka Holding AD;
(2) Infinity International Group d.o.o. Banja Luka;
(3) Sirius 2010 d.o.o. Banja Luka; or
(4) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50 percent
or greater interest.
(c) For the purposes of this general license, agricultural
commodities, medicine, and medical devices are defined as follows:
(1) Agricultural commodities. Agricultural commodities are products
that fall within the term ``agricultural commodity'' as defined in
section 102 of the Agricultural Trade Act of 1978 (7 U.S.C. 5602) and
are intended for use as:
(i) Food for humans (including raw, processed, and packaged foods;
live animals; vitamins and minerals; food additives or supplements; and
bottled drinking water) or animals (including animal feeds);
(ii) Seeds for food crops;
(iii) Fertilizers or organic fertilizers; or
(iv) Reproductive materials (such as live animals, fertilized eggs,
embryos, and semen) for the production of food animals.
(2) Medicine. Medicine is an item that falls within the definition
of the term ``drug'' in section 201 of the Federal Food, Drug, and
Cosmetic Act (21 U.S.C. 321).
(3) Medical devices. A medical device is an item that falls within
the definition of ``device'' in section 201 of the Federal Food, Drug,
and Cosmetic Act (21 U.S.C. 321).
(d) This general license does not authorize any transactions
otherwise prohibited by the WBSR, including transactions involving any
person blocked pursuant to the WBSR other than the blocked persons
described in paragraph (b) of this general license, unless separately
authorized.
(e) Effective June 18, 2024, General License No. 3, dated November
16, 2023, is replaced and superseded in its entirety by this General
License No. 3A.
Note to General License No. 3A. Nothing in this general license
relieves any person from compliance with any other Federal laws or
requirements of other Federal agencies.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: June 18, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Western Balkans Stabilization Regulations
31 CFR Part 588
GENERAL LICENSE NO. 4
Authorizing the Wind Down of Transactions Involving Certain Entities
Blocked on June 18, 2024
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the Western Balkans Stabilization
Regulations, 31 CFR part 588 (WBSR), that are ordinarily incident and
necessary to the wind down of any transaction involving one or more of
the following blocked entities are authorized through 12:01 a.m.
eastern daylight time, August 17, 2024, provided that any payment to a
blocked person is made into a blocked account in accordance with the
WBSR:
(1) Infinity International Group d.o.o. Banja Luka;
(2) Sirius 2010 d.o.o. Banja Luka; or
(3) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50 percent
or greater interest.
(b) This general license does not authorize any transactions
otherwise prohibited by the WBSR, including transactions involving any
person blocked pursuant to the WBSR other than the blocked persons
described in paragraph (a) of this general license, unless separately
authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: June 18, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Western Balkans Stabilization Regulations
31 CFR Part 588
GENERAL LICENSE NO. 5
Authorizing Certain Transactions Involving Pumps Manufactured or
Distributed by Kaldera Company EL PGP d.o.o. for the Treatment or
Distribution of Drinking Water
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the Western Balkans Stabilization
Regulations, 31 CFR part 588 (WBSR), that are ordinarily incident and
necessary to the manufacture, distribution, operation, installation, or
maintenance and repair of pumps manufactured or distributed by Kaldera
Company EL PGP d.o.o., or any entity in which Kaldera Company EL PGP
d.o.o. owns, directly or indirectly, a 50 percent or greater interest,
that are currently or are intended solely for use in the treatment or
distribution of drinking water, are authorized.
[[Page 84474]]
(b) This general license does not authorize any transactions
otherwise prohibited by the WBSR, including transactions involving any
person blocked pursuant to the WBSR other than the blocked persons
described in paragraph (a) of this general license, unless separately
authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: June 18, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-24524 Filed 10-22-24; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on October 23, 2024.
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