Rule2024-26796
Publication of Covid-Related Web General License Related to Iranian Transactions and Sanctions Regulations and Global Terrorism Sanctions Regulations
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
November 19, 2024
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Iranian Transactions and Sanctions Regulations and Global Terrorism Sanctions Regulations: GL N. This GL was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 89 Issue 223 (Tuesday, November 19, 2024)</title>
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[Federal Register Volume 89, Number 223 (Tuesday, November 19, 2024)]
[Rules and Regulations]
[Pages 91261-91262]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-26796]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Parts 560 and 594
Publication of Covid-Related Web General License Related to
Iranian Transactions and Sanctions Regulations and Global Terrorism
Sanctions Regulations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of a web general license.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a general license (GL) issued pursuant to
the Iranian Transactions and Sanctions Regulations and Global Terrorism
Sanctions Regulations: GL N. This GL was previously made available on
OFAC's website.
DATES: GL N was issued on June 17, 2021. 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 Assistant Director for Compliance, 202-622-2490 or
<a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.
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 17, 2021, OFAC issued GL N to authorize certain
transactions otherwise prohibited by the Iranian Transactions and
Sanctions Regulations, 31 CFR part 560, the Global Terrorism Sanctions
Regulations, 31 CFR part 594, or Executive Order 13224 of September 23,
2001 (``Blocking Property and Prohibiting Transactions With Persons Who
Commit, Threaten To Commit, or Support Terrorism,'' 66 FR 49079), as
amended. GL N was made available on OFAC's website (<a href="https://ofac.treasury.gov/">https://ofac.treasury.gov/</a>) when it was issued. GL N was replaced and
superseded by GL N-1 effective June 17, 2022 (87 FR 47932). The text of
this GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Iranian Transactions and Sanctions Regulations
31 CFR Part 560
Global Terrorism Sanctions Regulations
31 CFR Part 594
Executive Order 13224 of September 23, 2001
Blocking Property and Prohibiting Transactions With Persons Who Commit,
Threaten To Commit, or Support Terrorism, as Amended
GENERAL LICENSE N
Authorizing Certain Activities To Respond to the Coronavirus Disease
2019 (COVID-19) Pandemic
(a) Authorizing certain COVID-19-related transactions prohibited
by the Iranian Transactions and Sanctions Regulations. Except as
provided in paragraphs (d) and (e) of this general license, the
following transactions and activities that are prohibited by the
Iranian Transactions and Sanctions Regulations, 31 CFR part 560
(ITSR), are authorized through 12:01 a.m. eastern daylight time,
June 17, 2022:
(1) Exportation of goods or technology. All transactions and
activities related to the exportation, reexportation, sale, or
supply, directly or indirectly, of goods or technology for use in
connection with the prevention, diagnosis, or treatment of COVID-19
(including research or clinical studies related to COVID-19) to Iran
or the Government of Iran, or to persons in third countries
purchasing specifically for resale to Iran or the Government of
Iran;
[[Page 91262]]
(2) Importation of or dealings in certain COVID-19-related
goods. All transactions and activities related to the importation
into the United States of, or dealings in or related to, goods that
previously were exported or reexported to Iran or the Government of
Iran pursuant to this general license and that are broken,
defective, or non-operational, or are connected to product recalls,
adverse events, or other safety concerns, or for routine maintenance
or the permanent return of such items to the United States or a
third country; and
(3) Exportation or importation of services. All transactions and
activities related to the exportation, reexportation, sale, or
supply, directly or indirectly, of services to Iran or the
Government of Iran, or the importation into the United States of, or
dealings in or related to, Iranian-origin services, in each case
that are related to the prevention, diagnosis, or treatment of
COVID-19 (including research or clinical studies relating to COVID-
19).
(b) Authorizing certain transactions involving the Central Bank
of Iran (CBI) or the National Iranian Oil Company (NIOC). Except as
provided in paragraph (e) of this general license, all transactions
and activities described in paragraph (a) of this general license
involving CBI, NIOC, or any entity in which NIOC owns, directly or
indirectly, a 50 percent or greater interest, that are prohibited by
the ITSR, the Global Terrorism Sanctions Regulations, 31 CFR part
594 (GTSR), or Executive Order (E.O.) 13224, as amended, are
authorized through 12:01 a.m. eastern daylight time, June 17, 2022.
(c) Authorizing certain financial transactions. Except as
provided in paragraph (e) of this general license, the processing of
funds transfers or trade finance transactions that are ordinarily
incident and necessary to give effect to the transactions and
activities authorized in paragraphs (a) and (b) of this general
license that are prohibited by the ITSR, GTSR, or E.O. 13224, as
amended, are authorized through 12:01 a.m. eastern daylight time,
June 17, 2022
(d) Any exportation or reexportation of goods or technology
pursuant to paragraph (a) of this general license is subject to the
following conditions:
(1) Any goods or technology exported or reexported must:
(i) Be designated as EAR99 under the Export Administration
Regulations, 15CFR parts 730 through 774 (EAR); or
(ii) In the case of goods or technology that are not subject to
the EAR, not be listed on any multilateral export control regime;
and
(2) All exports or reexports made pursuant to this general
license must be concluded prior to the expiration date of this
general license.
(e) This general license does not authorize:
(1) The exportation or reexportation of goods or technology to
CBI, NIOC, or any entity in which NIOC owns, directly or indirectly,
a 50 percent or greater interest;
(2) The exportation or reexportation of any goods, technology,
or services to military, intelligence, or law enforcement purchasers
or importers;
(3) The exportation or reexportation of any goods, technology,
or services used to facilitate the development or production of a
chemical or biological weapon or weapon of mass destruction;
(4) The unblocking of any property blocked pursuant to any part
of 31 CFR chapter V; or
(5) Any transactions or activities otherwise prohibited by the
ITSR, the GTSR, or E.O. 13224, as amended, or prohibited by any
other part of 31 CFR chapter V, or involving any person blocked
pursuant to the GTSR or E.O. 13224, as amended, except as identified
in paragraph (b) of this general license.
Note 1 to General License N. The export or reexport to Iran of
certain food, medicine, medical devices, and agricultural
commodities, as well as certain related transactions such as
payments and brokering, are broadly authorized under sections
560.530, 560.532, and 560.533 of the ITSR, subject to certain
conditions. In addition, transactions or activities authorized under
those provisions that involve CBI, NIOC, or any entity in which NIOC
owns, directly or indirectly, a 50 percent or greater interest, are
also authorized pursuant to Counter Terrorism- and Iran-related
General License No. 8A. Those authorizations remain in effect,
including with respect to exports or reexports of food, medicine,
medical devices, and agricultural commodities intended to respond to
the COVID-19 pandemic that satisfy the applicable criteria of those
authorizations.
Note 2 to General License N. Nothing in this general license
relieves any person from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security or the Department of State's Directorate of
Defense Trade Controls.
Bradley T. Smith,
Acting Director, Office of Foreign Assets Control.
Dated: June 17, 2021.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-26796 Filed 11-18-24; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on November 19, 2024.
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