Russia-related GL 1B authorizes U.S. persons to engage in certain transactions and activities involving the Federal State Budgetary Institution Marine Rescue Service (MRS) that are otherwise prohibited by Executive Order (E.O.) 14039 of August 20, 2021, "Blocking Property with Respect to Certain Russian Energy Export Pipelines," the Protecting Europe's Energy Security Act of 2019, 22 U.S.C. 9526 note, as amended (PEESA), or E.O. 14024.
An earlier version of this GL was issued on May 21, 2021 (GL 1) and amended on August 20, 2021 (GL 1A) concurrent with the promulgation of E.O. 14039. On December 18, 2024, GL 1A was amended and re-issued following the designation of MRS under E.O. 14024. Russia-related GL 1B replaces and supersedes GL 1A effective December 18, 2024.
GL 1B authorizes U.S. persons to engage in transactions and activities involving MRS, or any entity in which MRS owns, directly or indirectly, a 50 percent or greater interest, that are not related to the construction of the Nord Stream 2 pipeline project, the TurkStream pipeline project, or any project that is a successor to either such project. GL 1B does not, however, authorize any transactions or activities with any vessels identified on the Office of Foreign Assets Control’s List of Specially Designated Nationals and Blocked Persons (SDN List) as blocked property of MRS, including vessels identified as blocked property of any entity in which MRS owns, directly or indirectly, a 50 percent or greater interest.
Date Updated: December 18, 2024