OFAC extends Ukraine-related General Licenses
March 20, 2020
OFAC has posted a notice it has extended the expiration date of two general licenses related to GAZ Group by issuing Ukraine-related General License No. 13N - "Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group," and Ukraine-related General License No. 15H - "Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with GAZ Group, and Certain Automotive Safety and Environmental Activities."
First published on 03/20/2020