Provision of Certain Temporary and Limited Sanctions Relief in Order To Implement the Joint Plan of Action of November 24, 2013 Between the P5+1 and the Islamic Republic of Iran, as Extended Through November 24, 2014, 45228-45230 [2014-18333]
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Federal Register / Vol. 79, No. 149 / Monday, August 4, 2014 / Notices
SECURITIES AND EXCHANGE
COMMISSION
By the Commission.
Jill M. Peterson,
Assistant Secretary.
DEPARTMENT OF STATE
[File No. 500–1]
[FR Doc. 2014–18462 Filed 7–31–14; 4:15 pm]
In the Matter of Accredited Business
Consolidators Corp., AsherXino Corp.,
Bakers Footwear Group, Inc., Card
Activation Technologies, Inc., High
Plains Gas, Inc., and Pacific Copper
Corp.; Order of Suspension of Trading
BILLING CODE 8011–01–P
Provision of Certain Temporary and
Limited Sanctions Relief in Order To
Implement the Joint Plan of Action of
November 24, 2013 Between the P5+1
and the Islamic Republic of Iran, as
Extended Through November 24, 2014
[Public Notice 8809]
DEPARTMENT OF STATE
ACTION:
Culturally Significant Objects Imported
for Exhibition Determinations: ‘‘From
Bauhaus to Buenos Aires: Grete Stern
and Horacio Coppola’’ Exhibition
SUMMARY:
tkelley on DSK3SPTVN1PROD with NOTICES
July 31, 2014.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Accredited
Business Consolidators Corp. because it
has not filed any periodic reports since
the period ended September 30, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of AsherXino
Corp. because it has not filed any
periodic reports since the period ended
June 30, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Bakers
Footwear Group, Inc. because it has not
filed any periodic reports since the
period ended April 28, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Card
Activation Technologies, Inc. because it
has not filed any periodic reports since
the period ended June 30, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of High Plains
Gas, Inc. because it has not filed any
periodic reports since the period ended
September 30, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Pacific
Copper Corp. because it has not filed
any periodic reports since the period
ended April 30, 2012.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
companies.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of the above-listed companies
is suspended for the period from 9:30
a.m. EDT on July 31, 2014, through
11:59 p.m. EDT on August 13, 2014.
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17:28 Aug 01, 2014
Jkt 232001
Department of State.
Notice.
AGENCY:
[Public Notice 8811]
Notice is hereby given of the
following determinations: Pursuant to
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), Executive Order 12047 of March
27, 1978, the Foreign Affairs Reform and
Restructuring Act of 1998 (112 Stat.
2681, et seq.; 22 U.S.C. 6501 note, et
seq.), Delegation of Authority No. 234 of
October 1, 1999, Delegation of Authority
No. 236–3 of August 28, 2000 (and, as
appropriate, Delegation of Authority No.
257 of April 15, 2003), I hereby
determine that the objects to be
included in the exhibition ‘‘From
Bauhaus to Buenos Aires: Grete Stern
and Horacio Coppola,’’ imported from
abroad for temporary exhibition within
the United States, are of cultural
significance. The objects are imported
pursuant to loan agreements with the
foreign owners or custodians. I also
determine that the exhibition or display
of the exhibit objects at The Museum of
Modern Art, New York, NY, from on or
about May 23, 2015, until on or about
September 13, 2015, and at possible
additional exhibitions or venues yet to
be determined, is in the national
interest. I have ordered that Public
Notice of these Determinations be
published in the Federal Register.
SUMMARY:
For
further information, including a list of
the exhibit objects, contact Julie
Simpson, Attorney-Adviser, Office of
the Legal Adviser, U.S. Department of
State (telephone: 202–632–6467). The
mailing address is U.S. Department of
State, SA–5, L/PD, Fifth Floor (Suite
5H03), Washington, DC 20522–0505.
FOR FURTHER INFORMATION CONTACT:
Dated: July 29, 2014.
Evan M. Ryan,
Assistant Secretary, Bureau of Educational
and Cultural Affairs, Department of State.
[FR Doc. 2014–18330 Filed 8–1–14; 8:45 am]
BILLING CODE 4710–05–P
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On November 24, 2013, the
United States and its partners in the
P5+1 (France, the United Kingdom,
Russia, China, and Germany) and the
EU reached an initial understanding
with Iran, outlined in a Joint Plan of
Action (JPOA), that halts progress on its
nuclear program and rolls it back in key
respects. In return, the P5+1 committed
to provide limited, temporary, and
targeted sanctions relief to Iran. The
JPOA was scheduled to expire after July
20, 2014.
The JPOA was renewed by mutual
consent of the P5+1, EU, and Iran on
July 19, 2014, extending the temporary
sanctions relief provided under the
JPOA through November 24, 2014 (the
Extended JPOA Period), in order to
continue to negotiate a long-term
comprehensive solution to prevent Iran
from acquiring a nuclear weapon and to
ensure that Iran’s nuclear program will
be exclusively peaceful.
This Notice outlines the U.S.
government actions taken to implement
the sanctions relief aspects of this
understanding.
Effective Date: The effective
dates of these waiver actions are as
described in the determinations set forth
below.
FOR FURTHER INFORMATION CONTACT: On
general issues: John Hughes, Office of
Economic Sanctions Policy and
Implementation, Department of State,
Telephone: (202) 647–7489.
SUPPLEMENTARY INFORMATION: To
implement this limited sanctions relief,
the U.S. government has executed
temporary, partial waivers of certain
statutory sanctions and has issued
guidance regarding the suspension of
sanctions under relevant Executive
Orders and regulations. All U.S.
sanctions not explicitly waived or
suspended pursuant to the JPOA as
extended remain fully in force,
including sanctions on transactions
with individuals and entities on the
SDN List unless otherwise specified.
Furthermore, U.S. persons and foreign
entities owned or controlled by U.S.
persons (‘‘U.S.-owned or -controlled
foreign entities’’) continue to be
DATES:
E:\FR\FM\04AUN1.SGM
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Federal Register / Vol. 79, No. 149 / Monday, August 4, 2014 / Notices
generally prohibited from conducting
transactions with Iran, including any
transactions of the types permitted
pursuant to the JPOA as extended,
unless licensed to do so by the Office of
Foreign Assets Control (OFAC). The
U.S. government will continue to
enforce U.S. sanctions laws and
regulations against those who engage in
sanctionable activities that are not
covered by the suspensions and
temporary waivers pursuant to the JPOA
as extended.
All suspended sanctions are
scheduled to resume on November 25,
2014 unless further action is taken by
the P5+1 and Iran and subsequent
waivers and guidance are issued by the
U.S. government. Companies engaging
in activities covered by the temporary
sanctions relief described in this fact
sheet should expect sanctions to apply
to any activities that extend beyond the
current end date of the Extended JPOA
Period, November 24, 2014. The
temporary suspension of sanctions
applies only to activities that begin and
end during the period January 20, 2014
to November 24, 2014. Except as
specified below with respect to
payments for insurance claims, the
suspension does not apply to any
related, otherwise sanctionable conduct,
including shipping and financial
activities, undertaken before that period
or after that period, even if they are
undertaken pursuant to contracts
entered into during the JPOA period or
Extended JPOA Period. For example,
deliveries of goods or services after the
Extended JPOA Period would be
sanctionable even if relevant contracts
were entered into during the JPOA
Period or Extended JPOA Period.
To the extent that the provision of
insurance or reinsurance is an
associated service of an activity for
which the JPOA provides temporary
relief, the provision of such insurance or
reinsurance by a non-U.S. person not
otherwise subject to the Iranian
Transactions and Sanctions Regulations
(ITSR) during the Extended JPOA Period
would not be sanctionable.
Insurance payments for claims arising
from incidents that occur during the
JPOA Period and/or Extended JPOA
Period may be paid after November 24,
2014, so long as the underlying
transactions and activities conform to
all other aspects of the sanctions
remaining in place and the terms of the
sanctions relief provided in the JPOA.
Insurance and reinsurance companies
should contact the U.S. government
directly with any inquiries.
U.S. persons and their foreign
subsidiaries remain prohibited from
participating in the provision of
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17:28 Aug 01, 2014
Jkt 232001
insurance or reinsurance services to or
for the benefit of Iran or sanctioned
entities, including with respect to all
elements of the sanctions relief
provided pursuant to the JPOA, unless
specifically authorized by OFAC.
The Secretary of State took the
following action:
Acting under the authorities vested in
me as Secretary of State, including
through the applicable delegations of
authority, I hereby make the following
determinations and certifications:
Pursuant to Sections 1244(i), 1245(g),
1246(e), and 1247(f) of the Iran Freedom
and Counter-Proliferation Act of 2012
(subtitle D of title XII of Pub. L. 112–
239, 22 U.S.C. 8801 et seq.) (IFCA), I
determine that it is vital to the national
security of the United States to waive
the imposition of sanctions pursuant to:
1. Section 1244(c)(1) of IFCA 1 to the
extent required for:
a. Transactions by non-U.S. persons
for the export from Iran of
petrochemical products,2 and for
associated services, excluding any
transactions involving persons on the
list of specially designated nationals
and blocked persons of the Office of
Foreign Assets Control (OFAC) of the
U.S. Department of the Treasury
(hereinafter the SDN List) except for the
following companies: Bandar Imam
Petrochemical Company; Bou Ali Sina
Petrochemical Company; Ghaed Bassir
Petrochemical Products Company; Iran
Petrochemical Commercial Company;
Jam Petrochemical Company; Marjan
Petrochemical Company; Mobin
Petrochemical Company; National
Petrochemical Company; Nouri
Petrochemical Company; Pars
Petrochemical Company; Sadaf
Petrochemical Assaluyeh Company;
Shahid Tondgooyan Petrochemical
Company; Shazand Petrochemical
Company; and Tabriz Petrochemical
Company;
b. Transactions by U.S. or non-U.S.
persons for the supply and installation
of spare parts necessary for the safety of
flight for Iranian civil aviation, for
safety-related inspections and repairs in
Iran, and for associated services,
provided that OFAC has issued any
required licenses, excluding any
transactions involving persons on the
SDN List except for Iran Air;
1 Pursuant to section 1244(c)(2)(C)(iii) of IFCA,
the relevant sanction in Section 1244(c)(1)
continues not to apply, by its terms, in the case of
Iranian financial institutions that have not been
designated for the imposition of sanctions in
connection with Iran’s proliferation of weapons of
mass destruction or delivery systems for weapons
of mass destruction, support for international
terrorism, or abuses of human rights (as described
in section 1244(c)(3)).
2 77 FR 67726–67731 (Nov. 13, 2012).
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45229
c. Transactions by non-U.S. persons to
which sanctions would not apply if an
exception under section 1244(g)(2) of
IFCA were applied to China, India,
Japan, the Republic of Korea, Taiwan,
and Turkey, and for insurance and
transportation services associated with
such transactions, provided that such
transactions are consistent with the
purchase amounts provided for in the
Joint Plan of Action of November 24,
2013, as extended, excluding any
transactions or associated services
involving persons on the SDN List
except for the National Iranian Oil
Company and the National Iranian
Tanker Company;
d. Transactions by non-U.S. persons
for the sale, supply or transfer to or from
Iran of precious metals, provided that
such transactions are within the scope
of the waiver of Sections 1245(a)(1)(A)
and 1245(c) of IFCA (section 3 below),
and for associated services, excluding
any transactions involving persons on
the SDN List except for any political
subdivision, agency, or instrumentality
of the Government of Iran listed solely
pursuant to E.O. 13599;
2. Section 1244(d) of IFCA to the
extent required for the sale, supply or
transfer of goods or services by non-U.S.
persons in connection with transactions
by non-U.S. persons to which sanctions
would not apply if an exception under
section 1244(g)(2) of IFCA were applied
to China, India, Japan, the Republic of
Korea, Taiwan, and Turkey, and for
insurance and transportation services
associated with such transactions,
provided that such transactions are
consistent with the purchase amounts
provided for in the Joint Plan of Action
of November 24, 2013, as extended,
excluding any transactions or associated
services involving persons on the SDN
List except for the National Iranian Oil
Company and the National Iranian
Tanker Company;
3. Sections 1245(a)(1)(A) and 1245(c)
of IFCA to the extent required for
transactions by non-U.S. persons for the
sale, supply, or transfer to or from Iran
of precious metals, provided that:
a. Such transactions do not involve
persons on the SDN List, except for any
political subdivision, agency, or
instrumentality of the Government of
Iran listed solely pursuant to E.O. 13599
or any Iranian depository institution
listed solely pursuant to E.O. 13599; and
b. This waiver shall not apply to
transactions for the sale, supply, or
transfer to Iran of precious metals
involving funds credited to an account
located outside Iran pursuant to Section
1245(d)(4)(D)(ii)(II) of the National
Defense Authorization Act for Fiscal
Year 2012;
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Federal Register / Vol. 79, No. 149 / Monday, August 4, 2014 / Notices
tkelley on DSK3SPTVN1PROD with NOTICES
4. Section 1246(a) of IFCA 3 to the
extent required for the provision of
underwriting services or insurance or
reinsurance:
a. By non-U.S. persons for the export
from Iran of petrochemical products and
for associated services, excluding any
transactions involving persons on the
SDN List except for the following
companies: Bandar Imam Petrochemical
Company; Bou Ali Sina Petrochemical
Company; Ghaed Bassir Petrochemical
Products; Iran Petrochemical
Commercial Company; Jam
Petrochemical Company; Marjan
Petrochemical Company; Mobin
Petrochemical Company; National
Petrochemical Company; Nouri
Petrochemical Company; Pars
Petrochemical Company; Sadaf
Petrochemical Assaluyeh Company;
Shahid Tondgooyan Petrochemical
Company; Shazand Petrochemical
Company; and Tabriz Petrochemical
Company;
b. By U.S. persons or non-U.S.
persons for the supply and installation
of spare parts necessary for the safety of
flight for Iranian civil aviation, for
safety-related inspections and repairs in
Iran, and for associated services,
provided that OFAC has issued any
required licenses, excluding any
transactions involving persons on the
SDN List except for Iran Air;
c. By non-U.S. persons for
transactions to which sanctions would
not apply if an exception under section
1244(g)(2) of IFCA were applied to
China, India, Japan, the Republic of
Korea, Taiwan, and Turkey, and for
insurance and transportation services
associated with such transactions,
provided that such transactions are
consistent with the purchase amounts
provided for in the Joint Plan of Action
of November 24, 2013, as extended,
excluding any transactions or associated
services involving persons on the SDN
List except for the National Iranian Oil
Company and the National Iranian
Tanker Company; and
d. By non-U.S. persons for the sale,
supply or transfer to or from Iran of
precious metals, provided that such
transactions are within the scope of the
waiver of Sections 1245(a)(1)(A) and
1245(c) of IFCA, and for associated
services, excluding any transactions
involving persons on the SDN List
3 Pursuant to section 1246(a)(1)(C) of IFCA, the
relevant sanction in section 1246(a)(1) continues
not to apply, by its terms, in the case of Iranian
financial institutions that have not been designated
for the imposition of sanctions in connection with
Iran’s proliferation of weapons of mass destruction
or delivery systems for weapons of mass
destruction, support for international terrorism, or
abuses of human rights (as described in section
1246(b)).
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17:28 Aug 01, 2014
Jkt 232001
except for any political subdivision,
agency, or instrumentality of the
Government of Iran listed solely
pursuant to E.O. 13599;
e. By non-U.S. persons for the sale,
supply or transfer to Iran of goods and
services used in connection with the
automotive sector of Iran and for
associated services, excluding any
transactions involving persons on the
SDN List.
5. Section 1247(a) of IFCA 4 to the
extent required for transactions by
foreign financial institutions on behalf
of:
a. Bandar Imam Petrochemical
Company; Bou Ali Sina Petrochemical
Company; Ghaed Bassir Petrochemical
Products; Iran Petrochemical
Commercial Company; Jam
Petrochemical Company; Marjan
Petrochemical Company; Mobin
Petrochemical Company; National
Petrochemical Company; Nouri
Petrochemical Company; Pars
Petrochemical Company; Shahid
Tondgooyan Petrochemical Company;
Sadaf Petrochemical Assaluyeh
Company; Shahid Tondgooyan
Petrochemical Company; Shazand
Petrochemical Company; and Tabriz
Petrochemical Company for the export
from Iran of petrochemicals;
b. Iran Air for the supply and
installation of spare parts necessary for
the safety of flight by Iran Air and for
safety-related inspections and repairs
for Iran Air, provided that OFAC has
issued any required licenses;
c. The National Iranian Oil Company
and the National Iranian Tanker
Company for transactions by non-U.S.
persons to which sanctions would not
apply if an exception under section
1244(g)(2) of IFCA were applied to
China, India, Japan, the Republic of
Korea, Taiwan, and Turkey, provided
that such transactions are consistent
with the purchase amounts provided for
in the Joint Plan of Action of November
24, 2013, as extended, excluding any
transactions or associated services
involving any other persons on the SDN
List; and
d. Any political subdivision, agency,
or instrumentality of the Government of
Iran listed solely pursuant to E.O. 13599
for the sale, supply or transfer to or from
Iran of precious metals, provided that
such transactions are within the scope
4 Pursuant to section 1247(a) of IFCA, the relevant
sanction in section 1247(a) still continues not to
apply, by its terms, in the case of Iranian financial
institutions that have not been designated for the
imposition of sanctions in connection with Iran’s
proliferation of weapons of mass destruction or
delivery systems for weapons of mass destruction,
support for international terrorism, or abuses of
human rights (as described in section 1247(b)).
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Sfmt 4703
of the waiver of Sections 1245(a)(1)(A)
and 1245(c) of IFCA.
Pursuant to Section 4(c)(1)(A) of the
Iran Sanctions Act of 1996 (Pub. L. 104–
172, 50 U.S.C. 1701 note) (ISA), I certify
that it is vital to the national security
interests of the United States to waive
the application of section 5(a)(7) of ISA
to the National Iranian Oil Company
and the National Iranian Tanker
Company to the extent required for
insurance and transportation services
provided on or after July 18, 2014, and
associated with transactions to which
sanctions would not apply if an
exception under section 1244(g)(2) of
IFCA were applied to China, India,
Japan, the Republic of Korea, Taiwan,
and Turkey, provided that such
transactions are consistent with the
purchase amounts provided for in the
Joint Plan of Action of November 24,
2013, as extended.
These waivers shall take effect upon
their transmittal to Congress, unless
otherwise provided in the relevant
provision of law, and the waivers shall
apply to transactions during the period
July 18, 2014, through November 24,
2014.
(Signed John F. Kerry, Secretary of State)
Therefore, these sanctions have been
waived as described in the
determinations above. Relevant agencies
and instrumentalities of the United
States Government shall take all
appropriate measures within their
authority to carry out the provisions of
this notice.
Dated: July 28, 2014.
Charles H. Rivkin,
Assistant Secretary for Economic and
Business Affairs.
[FR Doc. 2014–18333 Filed 8–1–14; 8:45 am]
BILLING CODE 4710–07–P
DEPARMENT OF TRANSPORTATION
Federal Highway Administration
Environmental Impact Statement:
Northwest Corridor Project—
Municipalities of Hatillo, Camuy,
Quebradillas, Isabela, Moca and
Aguadilla, Commonwealth of Puerto
Rico
Federal Highway
Administration (FHWA), DOT.
ACTION: Notice of Intent.
AGENCY:
The FHWA is issuing this
notice to advise the public that an
environmental impact statement (EIS)
will be prepared for a proposed
Northwest Corridor highway project
within the Municipalities of Hatillo,
SUMMARY:
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]]>Agencies
[Federal Register Volume 79, Number 149 (Monday, August 4, 2014)]
[Notices]
[Pages 45228-45230]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-18333]
-----------------------------------------------------------------------
DEPARTMENT OF STATE
[Public Notice 8809]
Provision of Certain Temporary and Limited Sanctions Relief in
Order To Implement the Joint Plan of Action of November 24, 2013
Between the P5+1 and the Islamic Republic of Iran, as Extended Through
November 24, 2014
AGENCY: Department of State.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: On November 24, 2013, the United States and its partners in
the P5+1 (France, the United Kingdom, Russia, China, and Germany) and
the EU reached an initial understanding with Iran, outlined in a Joint
Plan of Action (JPOA), that halts progress on its nuclear program and
rolls it back in key respects. In return, the P5+1 committed to provide
limited, temporary, and targeted sanctions relief to Iran. The JPOA was
scheduled to expire after July 20, 2014.
The JPOA was renewed by mutual consent of the P5+1, EU, and Iran on
July 19, 2014, extending the temporary sanctions relief provided under
the JPOA through November 24, 2014 (the Extended JPOA Period), in order
to continue to negotiate a long-term comprehensive solution to prevent
Iran from acquiring a nuclear weapon and to ensure that Iran's nuclear
program will be exclusively peaceful.
This Notice outlines the U.S. government actions taken to implement
the sanctions relief aspects of this understanding.
DATES: Effective Date: The effective dates of these waiver actions are
as described in the determinations set forth below.
FOR FURTHER INFORMATION CONTACT: On general issues: John Hughes, Office
of Economic Sanctions Policy and Implementation, Department of State,
Telephone: (202) 647-7489.
SUPPLEMENTARY INFORMATION: To implement this limited sanctions relief,
the U.S. government has executed temporary, partial waivers of certain
statutory sanctions and has issued guidance regarding the suspension of
sanctions under relevant Executive Orders and regulations. All U.S.
sanctions not explicitly waived or suspended pursuant to the JPOA as
extended remain fully in force, including sanctions on transactions
with individuals and entities on the SDN List unless otherwise
specified.
Furthermore, U.S. persons and foreign entities owned or controlled
by U.S. persons (``U.S.-owned or -controlled foreign entities'')
continue to be
[[Page 45229]]
generally prohibited from conducting transactions with Iran, including
any transactions of the types permitted pursuant to the JPOA as
extended, unless licensed to do so by the Office of Foreign Assets
Control (OFAC). The U.S. government will continue to enforce U.S.
sanctions laws and regulations against those who engage in sanctionable
activities that are not covered by the suspensions and temporary
waivers pursuant to the JPOA as extended.
All suspended sanctions are scheduled to resume on November 25,
2014 unless further action is taken by the P5+1 and Iran and subsequent
waivers and guidance are issued by the U.S. government. Companies
engaging in activities covered by the temporary sanctions relief
described in this fact sheet should expect sanctions to apply to any
activities that extend beyond the current end date of the Extended JPOA
Period, November 24, 2014. The temporary suspension of sanctions
applies only to activities that begin and end during the period January
20, 2014 to November 24, 2014. Except as specified below with respect
to payments for insurance claims, the suspension does not apply to any
related, otherwise sanctionable conduct, including shipping and
financial activities, undertaken before that period or after that
period, even if they are undertaken pursuant to contracts entered into
during the JPOA period or Extended JPOA Period. For example, deliveries
of goods or services after the Extended JPOA Period would be
sanctionable even if relevant contracts were entered into during the
JPOA Period or Extended JPOA Period.
To the extent that the provision of insurance or reinsurance is an
associated service of an activity for which the JPOA provides temporary
relief, the provision of such insurance or reinsurance by a non-U.S.
person not otherwise subject to the Iranian Transactions and Sanctions
Regulations (ITSR) during the Extended JPOA Period would not be
sanctionable.
Insurance payments for claims arising from incidents that occur
during the JPOA Period and/or Extended JPOA Period may be paid after
November 24, 2014, so long as the underlying transactions and
activities conform to all other aspects of the sanctions remaining in
place and the terms of the sanctions relief provided in the JPOA.
Insurance and reinsurance companies should contact the U.S. government
directly with any inquiries.
U.S. persons and their foreign subsidiaries remain prohibited from
participating in the provision of insurance or reinsurance services to
or for the benefit of Iran or sanctioned entities, including with
respect to all elements of the sanctions relief provided pursuant to
the JPOA, unless specifically authorized by OFAC.
The Secretary of State took the following action:
Acting under the authorities vested in me as Secretary of State,
including through the applicable delegations of authority, I hereby
make the following determinations and certifications:
Pursuant to Sections 1244(i), 1245(g), 1246(e), and 1247(f) of the
Iran Freedom and Counter-Proliferation Act of 2012 (subtitle D of title
XII of Pub. L. 112-239, 22 U.S.C. 8801 et seq.) (IFCA), I determine
that it is vital to the national security of the United States to waive
the imposition of sanctions pursuant to:
1. Section 1244(c)(1) of IFCA \1\ to the extent required for:
---------------------------------------------------------------------------
\1\ Pursuant to section 1244(c)(2)(C)(iii) of IFCA, the relevant
sanction in Section 1244(c)(1) continues not to apply, by its terms,
in the case of Iranian financial institutions that have not been
designated for the imposition of sanctions in connection with Iran's
proliferation of weapons of mass destruction or delivery systems for
weapons of mass destruction, support for international terrorism, or
abuses of human rights (as described in section 1244(c)(3)).
---------------------------------------------------------------------------
a. Transactions by non-U.S. persons for the export from Iran of
petrochemical products,\2\ and for associated services, excluding any
transactions involving persons on the list of specially designated
nationals and blocked persons of the Office of Foreign Assets Control
(OFAC) of the U.S. Department of the Treasury (hereinafter the SDN
List) except for the following companies: Bandar Imam Petrochemical
Company; Bou Ali Sina Petrochemical Company; Ghaed Bassir Petrochemical
Products Company; Iran Petrochemical Commercial Company; Jam
Petrochemical Company; Marjan Petrochemical Company; Mobin
Petrochemical Company; National Petrochemical Company; Nouri
Petrochemical Company; Pars Petrochemical Company; Sadaf Petrochemical
Assaluyeh Company; Shahid Tondgooyan Petrochemical Company; Shazand
Petrochemical Company; and Tabriz Petrochemical Company;
---------------------------------------------------------------------------
\2\ 77 FR 67726-67731 (Nov. 13, 2012).
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b. Transactions by U.S. or non-U.S. persons for the supply and
installation of spare parts necessary for the safety of flight for
Iranian civil aviation, for safety-related inspections and repairs in
Iran, and for associated services, provided that OFAC has issued any
required licenses, excluding any transactions involving persons on the
SDN List except for Iran Air;
c. Transactions by non-U.S. persons to which sanctions would not
apply if an exception under section 1244(g)(2) of IFCA were applied to
China, India, Japan, the Republic of Korea, Taiwan, and Turkey, and for
insurance and transportation services associated with such
transactions, provided that such transactions are consistent with the
purchase amounts provided for in the Joint Plan of Action of November
24, 2013, as extended, excluding any transactions or associated
services involving persons on the SDN List except for the National
Iranian Oil Company and the National Iranian Tanker Company;
d. Transactions by non-U.S. persons for the sale, supply or
transfer to or from Iran of precious metals, provided that such
transactions are within the scope of the waiver of Sections
1245(a)(1)(A) and 1245(c) of IFCA (section 3 below), and for associated
services, excluding any transactions involving persons on the SDN List
except for any political subdivision, agency, or instrumentality of the
Government of Iran listed solely pursuant to E.O. 13599;
2. Section 1244(d) of IFCA to the extent required for the sale,
supply or transfer of goods or services by non-U.S. persons in
connection with transactions by non-U.S. persons to which sanctions
would not apply if an exception under section 1244(g)(2) of IFCA were
applied to China, India, Japan, the Republic of Korea, Taiwan, and
Turkey, and for insurance and transportation services associated with
such transactions, provided that such transactions are consistent with
the purchase amounts provided for in the Joint Plan of Action of
November 24, 2013, as extended, excluding any transactions or
associated services involving persons on the SDN List except for the
National Iranian Oil Company and the National Iranian Tanker Company;
3. Sections 1245(a)(1)(A) and 1245(c) of IFCA to the extent
required for transactions by non-U.S. persons for the sale, supply, or
transfer to or from Iran of precious metals, provided that:
a. Such transactions do not involve persons on the SDN List, except
for any political subdivision, agency, or instrumentality of the
Government of Iran listed solely pursuant to E.O. 13599 or any Iranian
depository institution listed solely pursuant to E.O. 13599; and
b. This waiver shall not apply to transactions for the sale,
supply, or transfer to Iran of precious metals involving funds credited
to an account located outside Iran pursuant to Section
1245(d)(4)(D)(ii)(II) of the National Defense Authorization Act for
Fiscal Year 2012;
[[Page 45230]]
4. Section 1246(a) of IFCA \3\ to the extent required for the
provision of underwriting services or insurance or reinsurance:
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\3\ Pursuant to section 1246(a)(1)(C) of IFCA, the relevant
sanction in section 1246(a)(1) continues not to apply, by its terms,
in the case of Iranian financial institutions that have not been
designated for the imposition of sanctions in connection with Iran's
proliferation of weapons of mass destruction or delivery systems for
weapons of mass destruction, support for international terrorism, or
abuses of human rights (as described in section 1246(b)).
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a. By non-U.S. persons for the export from Iran of petrochemical
products and for associated services, excluding any transactions
involving persons on the SDN List except for the following companies:
Bandar Imam Petrochemical Company; Bou Ali Sina Petrochemical Company;
Ghaed Bassir Petrochemical Products; Iran Petrochemical Commercial
Company; Jam Petrochemical Company; Marjan Petrochemical Company; Mobin
Petrochemical Company; National Petrochemical Company; Nouri
Petrochemical Company; Pars Petrochemical Company; Sadaf Petrochemical
Assaluyeh Company; Shahid Tondgooyan Petrochemical Company; Shazand
Petrochemical Company; and Tabriz Petrochemical Company;
b. By U.S. persons or non-U.S. persons for the supply and
installation of spare parts necessary for the safety of flight for
Iranian civil aviation, for safety-related inspections and repairs in
Iran, and for associated services, provided that OFAC has issued any
required licenses, excluding any transactions involving persons on the
SDN List except for Iran Air;
c. By non-U.S. persons for transactions to which sanctions would
not apply if an exception under section 1244(g)(2) of IFCA were applied
to China, India, Japan, the Republic of Korea, Taiwan, and Turkey, and
for insurance and transportation services associated with such
transactions, provided that such transactions are consistent with the
purchase amounts provided for in the Joint Plan of Action of November
24, 2013, as extended, excluding any transactions or associated
services involving persons on the SDN List except for the National
Iranian Oil Company and the National Iranian Tanker Company; and
d. By non-U.S. persons for the sale, supply or transfer to or from
Iran of precious metals, provided that such transactions are within the
scope of the waiver of Sections 1245(a)(1)(A) and 1245(c) of IFCA, and
for associated services, excluding any transactions involving persons
on the SDN List except for any political subdivision, agency, or
instrumentality of the Government of Iran listed solely pursuant to
E.O. 13599;
e. By non-U.S. persons for the sale, supply or transfer to Iran of
goods and services used in connection with the automotive sector of
Iran and for associated services, excluding any transactions involving
persons on the SDN List.
5. Section 1247(a) of IFCA \4\ to the extent required for
transactions by foreign financial institutions on behalf of:
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\4\ Pursuant to section 1247(a) of IFCA, the relevant sanction
in section 1247(a) still continues not to apply, by its terms, in
the case of Iranian financial institutions that have not been
designated for the imposition of sanctions in connection with Iran's
proliferation of weapons of mass destruction or delivery systems for
weapons of mass destruction, support for international terrorism, or
abuses of human rights (as described in section 1247(b)).
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a. Bandar Imam Petrochemical Company; Bou Ali Sina Petrochemical
Company; Ghaed Bassir Petrochemical Products; Iran Petrochemical
Commercial Company; Jam Petrochemical Company; Marjan Petrochemical
Company; Mobin Petrochemical Company; National Petrochemical Company;
Nouri Petrochemical Company; Pars Petrochemical Company; Shahid
Tondgooyan Petrochemical Company; Sadaf Petrochemical Assaluyeh
Company; Shahid Tondgooyan Petrochemical Company; Shazand Petrochemical
Company; and Tabriz Petrochemical Company for the export from Iran of
petrochemicals;
b. Iran Air for the supply and installation of spare parts
necessary for the safety of flight by Iran Air and for safety-related
inspections and repairs for Iran Air, provided that OFAC has issued any
required licenses;
c. The National Iranian Oil Company and the National Iranian Tanker
Company for transactions by non-U.S. persons to which sanctions would
not apply if an exception under section 1244(g)(2) of IFCA were applied
to China, India, Japan, the Republic of Korea, Taiwan, and Turkey,
provided that such transactions are consistent with the purchase
amounts provided for in the Joint Plan of Action of November 24, 2013,
as extended, excluding any transactions or associated services
involving any other persons on the SDN List; and
d. Any political subdivision, agency, or instrumentality of the
Government of Iran listed solely pursuant to E.O. 13599 for the sale,
supply or transfer to or from Iran of precious metals, provided that
such transactions are within the scope of the waiver of Sections
1245(a)(1)(A) and 1245(c) of IFCA.
Pursuant to Section 4(c)(1)(A) of the Iran Sanctions Act of 1996
(Pub. L. 104-172, 50 U.S.C. 1701 note) (ISA), I certify that it is
vital to the national security interests of the United States to waive
the application of section 5(a)(7) of ISA to the National Iranian Oil
Company and the National Iranian Tanker Company to the extent required
for insurance and transportation services provided on or after July 18,
2014, and associated with transactions to which sanctions would not
apply if an exception under section 1244(g)(2) of IFCA were applied to
China, India, Japan, the Republic of Korea, Taiwan, and Turkey,
provided that such transactions are consistent with the purchase
amounts provided for in the Joint Plan of Action of November 24, 2013,
as extended.
These waivers shall take effect upon their transmittal to Congress,
unless otherwise provided in the relevant provision of law, and the
waivers shall apply to transactions during the period July 18, 2014,
through November 24, 2014.
(Signed John F. Kerry, Secretary of State)
Therefore, these sanctions have been waived as described in the
determinations above. Relevant agencies and instrumentalities of the
United States Government shall take all appropriate measures within
their authority to carry out the provisions of this notice.
Dated: July 28, 2014.
Charles H. Rivkin,
Assistant Secretary for Economic and Business Affairs.
[FR Doc. 2014-18333 Filed 8-1-14; 8:45 am]
BILLING CODE 4710-07-P
