U.S. flag

An official website of the United States government

569. A U.S. company had ordered goods from an entity that was designated under E.O. 13661 or E.O. 13662, or blocked pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation. May the U.S. company still accept the goods?

Answer

Yes, provided that the importation is in accordance with the requirements and limitations specified in General License 12A. For the limited period of time specified in the general license, General License 12A authorizes all transactions ordinarily incident and necessary to the maintenance or wind down of operations, contracts, or other agreement, which includes authorization for U.S. persons to import goods into the United States from the blocked entities listed in General License 12A, provided that any outstanding payment for the goods be deposited in a blocked account at a U.S. financial institution

Date Released
April 23, 2018