Belarus General License No. 1 Issued.

The Office of Foreign Assets Control (OFAC) has issued and posted on its Web site a new general license, General License No. 1, pursuant to the Belarus Sanctions Program, authorizing, for a period of 180 days [until March 2, 2009], transactions between U.S. persons and Lakokraska OAO and/or Polotsk Steklovolokno OAO, two entities that were designated on May 15, 2008, pursuant to Executive Order 13405 of June 16, 2006 (71 FR 35485, June 20, 2006) (E.O. 13405). Unless otherwise authorized by OFAC, all property and interests in property of Lakokraska OAO or Polotsk Steklovolokno OAO that were previously blocked pursuant to E.O. 13405 remain blocked.