Issuance of Counter Terrorism and Iran-related General License 8 and Frequently Asked Questions

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License 8 "Authorizing Certain Humanitarian Trade Transactions Involving the Central Bank of Iran" and related FAQs ​in conjunction with the formalization of the Swiss Humanitarian Trade Arrangement (SHTA), which became fully operational today. A fact sheet detailing the terms of the SHTA can be found here.