Publication of Venezuela Sanctions Regulations Web General License 43A, 16452-16453 [2024-04851]

Download as PDF 16452 Federal Register / Vol. 89, No. 46 / Thursday, March 7, 2024 / Rules and Regulations 31 CFR Part 588 Deputy Director, Office of Foreign Assets Control. February 8, 2024. GENERAL LICENSE NO. 2 Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2024–04855 Filed 3–6–24; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 588 Publication of Western Balkans Stabilization Regulations Web General Licenses 2 and 3 Office of Foreign Assets Control, Treasury. AGENCY: Publication of Web General Licenses. ACTION: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Western Balkans Stabilization Regulations: GLs 2 and 3, each of which was previously made available on OFAC’s website. SUMMARY: GL 2 and GL 3 were issued on November 16, 2023. See SUPPLEMENTARY INFORMATION for additional relevant dates. DATES: FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202–622–2480; Assistant Director for Regulatory Affairs, 202–622–4855; or Assistant Director for Compliance, 202– 622–2490. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov. khammond on DSKJM1Z7X2PROD with RULES Background On November 16, 2023, OFAC issued GLs 2 and 3 to authorize certain transactions otherwise prohibited by the Western Balkans Stabilization Regulations, 31 CFR part 588. Each GL was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. GL 2 has an expiration date of March 15, 2024. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Western Balkans Stabilization Regulations VerDate Sep<11>2014 15:19 Mar 06, 2024 Jkt 262001 Authorizing the Wind Down of Transactions Involving Orka Holding AD (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Western Balkans Stabilization Regulations (WBSR), 31 CFR part 588, that are ordinarily incident and necessary to the wind down of any transaction involving Orka Holding AD, or any entity in which Orka Holding AD owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, March 15, 2024, provided that any payment to a blocked person is made into a blocked account in accordance with the WBSR. (b) This general license does not authorize any transactions otherwise prohibited by the WBSR, including transactions involving any person blocked pursuant to the WBSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: November 16, 2023. (ii) Seeds for food crops; (iii) Fertilizers or organic fertilizers; or (iv) Reproductive materials (such as live animals, fertilized eggs, embryos, and semen) for the production of food animals. (2) Medicine. Medicine is an item that falls within the definition of the term ‘‘drug’’ in section 201 of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321). (3) Medical devices. A medical device is an item that falls within the definition of ‘‘device’’ in section 201 of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321). (c) This general license does not authorize any transactions otherwise prohibited by the WBSR, including transactions involving any person blocked pursuant to the WBSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Note to General License No. 3. Nothing in this general license relieves any person from compliance with any other Federal laws or requirements of other Federal agencies. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: November 16, 2023. Bradley T. Smith, Director, Office of Foreign Assets Control. OFFICE OF FOREIGN ASSETS CONTROL [FR Doc. 2024–04856 Filed 3–6–24; 8:45 am] Western Balkans Stabilization Regulations BILLING CODE 4810–AL–P 31 CFR part 588 GENERAL LICENSE NO. 3 DEPARTMENT OF THE TREASURY Authorizing Certain Transactions Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, Software Updates, or Medical Prevention, Diagnosis, or Treatment, or Clinical Trials Involving Orka Holding AD (a) Except as provided in paragraph (c) of this general license, all transactions prohibited by the Western Balkans Stabilization Regulations (WBSR), 31 CFR part 588, involving Orka Holding AD, or any entity in which Orka Holding AD owns, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest, related to the following are authorized: (1) the production, manufacturing, sale, transport, or provision of agricultural commodities, agricultural equipment, medicine, medical devices, replacement parts and components for medical devices, or software updates for medical devices; (2) the prevention, diagnosis, or treatment of any disease or medical condition; or (3) the conducting of clinical trials or other medical research. (b) For the purposes of this general license, agricultural commodities, medicine, and medical devices are defined as follows: (1) Agricultural commodities. Agricultural commodities are products that fall within the term ‘‘agricultural commodity’’ as defined in section 102 of the Agricultural Trade Act of 1978 (7 U.S.C. 5602) and are intended for use as: (i) Food for humans (including raw, processed, and packaged foods; live animals; vitamins and minerals; food additives or supplements; and bottled drinking water) or animals (including animal feeds); Office of Foreign Assets Control PO 00000 Frm 00008 Fmt 4700 Sfmt 4700 31 CFR Part 591 Publication of Venezuela Sanctions Regulations Web General License 43A Office of Foreign Assets Control, Treasury. ACTION: Publication of web general license. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 43A, which was previously made available on OFAC’s website. DATES: GL 43A was issued on January 29, 2024. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202–622–2480; Assistant Director for Regulatory Affairs, 202–622–4855; or Assistant Director for Compliance, 202– 622–2490. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov. E:\FR\FM\07MRR1.SGM 07MRR1 Federal Register / Vol. 89, No. 46 / Thursday, March 7, 2024 / Rules and Regulations Background On January 29, 2024, OFAC issued GL 43A to authorize certain transactions otherwise prohibited by the Venezuela Sanctions Regulations (VSR), 31 CFR part 591. The GL was made available on OFAC’s website (https://ofac.treasury. gov) when it was issued. GL 43A superseded GL 43, which was issued on October 18, 2023. GL 43A is now expired. The text of GL 43A is provided below. OFFICE OF FOREIGN ASSETS CONTROL 31 CFR Part 591 GENERAL LICENSE NO. 43A Authorizing the Wind Down of Transactions Involving CVG Compania General de Mineria de Venezuela CA khammond on DSKJM1Z7X2PROD with RULES (a) Except as provided in paragraph (b) of this general license, all transactions that are ordinarily incident and necessary to the wind down of any transaction involving CVG Compania General de Mineria de Venezuela CA (Minerven), or any entity in which Minerven owns, directly or indirectly, a 50 percent or greater interest, that are prohibited by Executive Order (E.O.) 13850, as amended by E.O. 13857, or E.O. 13884, each as incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are authorized through 12:01 a.m. eastern standard time, February 13, 2024. (b) This general license does not authorize any transactions otherwise prohibited by the VSR, including any transactions involving any person blocked pursuant to the VSR other than the blocked persons described in paragraph (a) of this general license, Government of Venezuela persons blocked solely pursuant to E.O. 13884, Banco Central de Venezuela, or Banco de Venezuela SA Banco Universal. (c) Effective January 29, 2024, General License No. 43, dated October 18, 2023, is replaced and superseded in its entirety by this General License No. 43A. Dated: January 29, 2024. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2024–04851 Filed 3–6–24; 8:45 am] BILLING CODE 4810–AL–P VerDate Sep<11>2014 15:19 Mar 06, 2024 Jkt 262001 Coast Guard 33 CFR Part 165 [Docket Number USCG–2024–0141] RIN 1625–AA00 Safety Zone; Sabine River, Orange, TX Coast Guard, DHS. Temporary final rule. AGENCY: ACTION: The Coast Guard is establishing a temporary safety zone for certain navigable waters of the Sabine River, extending the entire width of the river, adjacent to the public boat ramp located in Orange, TX. This action is necessary to protect persons and vessels from hazards associated with a highspeed Jet Ski race competition in Orange, TX. Entry of vessels or persons into this zone is prohibited unless authorized by the Captain of the Port Marine Safety Unit Port Arthur or a designated representative. DATES: This rule is effective from 10 a.m. on March 15, 2024, through 6 p.m. on March 16, 2024. ADDRESSES: To view documents mentioned in this preamble as being available in the docket, go to https:// www.regulations.gov, type USCG–2024– 0141 in the search box and click ‘‘Search.’’ Next, in the Document Type column, select ‘‘Supporting & Related Material.’’ SUMMARY: Venezuela Sanctions Regulations Bradley T. Smith, Director, Office of Foreign Assets Control. DEPARTMENT OF HOMELAND SECURITY If you have questions on this rule, call or email Lieutenant Sean Yanez, Marine Safety Unit Port Arthur, U.S. Coast Guard; telephone 409–723–5027, email Sean.P.Yanez@uscg.mil. SUPPLEMENTARY INFORMATION: FOR FURTHER INFORMATION CONTACT: I. Table of Abbreviations BNM Broadcast Notice to Mariners CFR Code of Federal Regulations COTP Captain of the Port Marine Safety Unit Port Arthur DHS Department of Homeland Security FR Federal Register NPRM Notice of proposed rulemaking § Section U.S.C. United States Code II. Background Information and Regulatory History The Coast Guard is issuing this temporary rule under authority in 5 U.S.C. 553(b)(B). This statutory provision authorizes an agency to issue a rule without prior notice and opportunity to comment when the agency for good cause finds that those procedures are ‘‘impracticable, PO 00000 Frm 00009 Fmt 4700 Sfmt 4700 16453 unnecessary, or contrary to the public interest.’’ The Coast Guard finds that good cause exists for not publishing a notice of proposed rulemaking (NPRM) with respect to this rule because it is impracticable. This safety zone must be established by March 15, 2024, and we lack sufficient time to provide a reasonable comment period and then consider those comments before issuing this rule. The NPRM process would delay the establishment of the safety zone until after the dates of the jet ski races and, consequently, compromise public safety. Also, under 5 U.S.C. 553(d)(3), the Coast Guard finds that good cause exists for making this rule effective less than 30 days after publication in the Federal Register. Delaying the effective date of this rule would be impracticable because establishing the safety zone by March 15, 2024, is necessary to protect all waterway users during scheduled race events. III. Legal Authority and Need for Rule The Coast Guard is issuing this rule under authority in 46 U.S.C. 70034. The Captain of the Port Marine Safety Unit Port Arthur (COTP) has determined that the potential hazards associated with high-speed jet ski races are a safety concern for persons and vessels operating on the Sabine River. Possible hazards include risks of injury or death from near or actual contact among participant vessels and spectators or mariners traversing through the safety zone. This rule is needed to protect all waterway users, including event participants and spectators, before, during, and after the scheduled event. IV. Discussion of the Rule This rule establishes a temporary safety zone from 10 a.m. through 6 p.m. each day from March 15, 2024, through March 16, 2024. The safety zone covers all navigable waters of the Sabine River, extending the entire width of the river, adjacent to the public boat ramp located in Orange, TX, bounded by the Orange Municipal Wharf, between latitude lines at 30°05′50″ N and 30°05′33″ N. The duration of the safety zone is intended to protect participants, spectators, and other persons and vessels, in the navigable waters of the Sabine River during high-speed jet ski races and will include breaks and opportunity for vessels to transit through the regulated area. No vessel or person will be permitted to enter the safety zone without obtaining permission from the COTP or a designated representative. E:\FR\FM\07MRR1.SGM 07MRR1

Agencies

[Federal Register Volume 89, Number 46 (Thursday, March 7, 2024)]
[Rules and Regulations]
[Pages 16452-16453]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04851]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General 
License 43A

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing one general license (GL) issued pursuant 
to the Venezuela Sanctions Regulations: GL 43A, which was previously 
made available on OFAC's website.

DATES: GL 43A was issued on January 29, 2024. See SUPPLEMENTARY 
INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Compliance, 202-622-2490.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: https://ofac.treasury.gov.

[[Page 16453]]

Background

    On January 29, 2024, OFAC issued GL 43A to authorize certain 
transactions otherwise prohibited by the Venezuela Sanctions 
Regulations (VSR), 31 CFR part 591. The GL was made available on OFAC's 
website (https://ofac.treasury.gov) when it was issued. GL 43A 
superseded GL 43, which was issued on October 18, 2023. GL 43A is now 
expired. The text of GL 43A is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 43A

Authorizing the Wind Down of Transactions Involving CVG Compania 
General de Mineria de Venezuela CA

    (a) Except as provided in paragraph (b) of this general license, 
all transactions that are ordinarily incident and necessary to the wind 
down of any transaction involving CVG Compania General de Mineria de 
Venezuela CA (Minerven), or any entity in which Minerven owns, directly 
or indirectly, a 50 percent or greater interest, that are prohibited by 
Executive Order (E.O.) 13850, as amended by E.O. 13857, or E.O. 13884, 
each as incorporated into the Venezuela Sanctions Regulations, 31 CFR 
part 591 (the VSR), are authorized through 12:01 a.m. eastern standard 
time, February 13, 2024.
    (b) This general license does not authorize any transactions 
otherwise prohibited by the VSR, including any transactions involving 
any person blocked pursuant to the VSR other than the blocked persons 
described in paragraph (a) of this general license, Government of 
Venezuela persons blocked solely pursuant to E.O. 13884, Banco Central 
de Venezuela, or Banco de Venezuela SA Banco Universal.
    (c) Effective January 29, 2024, General License No. 43, dated 
October 18, 2023, is replaced and superseded in its entirety by this 
General License No. 43A.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

    Dated: January 29, 2024.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2024-04851 Filed 3-6-24; 8:45 am]
BILLING CODE 4810-AL-P
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