The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending Venezuela-related General License 13A, “Authorizing Certain Activities Involving Nynas AB” to extend its expiration date to October 25, 2019.
Today OFAC extended the expiration date of two general licenses related to GAZ Group by issuing General License No. 13L - Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons, and General License No. 15F - Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with GAZ Group, or Certain Automotive Safety Activities.
In addition, General License No. 15F includes a new authorization for certain safety-related activity.
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