In order to clarify and further ease the remaining transportation-related sanctions against Libya, the Office of Foreign Assets Control has issued an amended general license for new transactions, 550.575 of the Libyan Sanctions Regulations, 31 C.F.R. Part 550. The change from the general license issued on April 23, 2004, appears in paragraph (b)(3) of the amended general license. Previously, all transportation-related transactions remained prohibited, except for those expressly authorized by 550.574, the general license for travel to Libya. The amended general license authorizes all transportation-related transactions, except for those transactions specified in paragraph (b)(3), which remain prohibited. Two examples of the changes effected by the amended general license are: (1) U.S. air carriers may now operate all-cargo charters to Libya; and (2) Code-sharing between U.S. and third-country air carriers on U.S.-Libya service is now permitted.
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