Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 103, 104, 105, 106, and 107, 72718-72719 [2024-19927]
Download as PDF
72718
Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Rules and Regulations
Industry and Security under the Export
Administration Regulations, 15 CFR parts
730–774.
Lawrence M. Scheinert
Acting Deputy Director, Office of Foreign
Assets Control.
Dated: August 9, 2024
October 23, 2024; and GL 106 has an
expiration date of October 9, 2024. The
text of these GLs is provided below.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
31 CFR Part 587
[FR Doc. 2024–19919 Filed 9–5–24; 8:45 am]
Authorizing Transactions Related to Imports
of Certain Diamond Jewelry Prohibited by
Executive Order 14068
(a) Except as provided in paragraph (b) of
this general license, all transactions
prohibited by the determination of February
8, 2024 made pursuant to sections 1(a)(i)(A)
and 1(a)(i)(D) of Executive Order 14068
(‘‘Prohibitions Related to Imports of Diamond
Jewelry and Unsorted Diamonds of Russian
Federation Origin and Diamond Jewelry and
Unsorted Diamonds Exported from the
Russian Federation’’) that are ordinarily
incident and necessary to the importation
and entry into the United States, including
importation for admission into a foreign trade
zone located in the United States, of diamond
jewelry that was physically located outside of
the Russian Federation prior to March 1,
2024, and not exported or reexported from
the Russian Federation on or after March 1,
2024, are authorized.
(b) This general license does not authorize
any transactions otherwise prohibited by the
Russian Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person
blocked pursuant to the RuHSR, unless
separately authorized.
Note to General License No. 103. Nothing
in this general license relieves any person
from compliance with any other Federal laws
or requirements of other Federal agencies.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
GENERAL LICENSE NO. 103
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful
Foreign Activities Sanctions
Regulations Web General Licenses
103, 104, 105, 106, and 107
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing five
general licenses (GLs) issued pursuant
to the Russian Harmful Foreign
Activities Sanctions Regulations: GLs
103, 104, 105, 106, and 107, each of
which was previously made available
on OFAC’s website.
DATES: GLs 103, 104, 105, 106, and
107were issued on August 23, 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:
This document and additional
information concerning OFAC are
available on OFAC’s website: https://
ofac.treasury.gov.
lotter on DSK11XQN23PROD with RULES1
Background
On August 23, 2024, OFAC issued
GLs 103, 104, 105, 106, and 107 to
authorize certain transactions otherwise
prohibited by the Russian Harmful
Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR).
Each GL was made available on OFAC’s
website (https://ofac.treasury.gov) when
it was issued. GL 104 has an expiration
date of September 1, 2025; GL 105 and
GL 107 each has an expiration date of
15:47 Sep 05, 2024
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 104
Electronic Availability
VerDate Sep<11>2014
OFFICE OF FOREIGN ASSETS CONTROL
Jkt 262001
Authorizing Transactions Related to Imports
of Certain Diamonds Prohibited by Executive
Order 14068
(a) Except as provided in paragraph (b) of
this general license, all transactions
prohibited by the determination of February
8, 2024 made pursuant to section 1(a)(i)(B) of
Executive Order (E.O.) 14068 (‘‘Prohibitions
Related to Imports of Certain Categories of
Diamonds’’) that are ordinarily incident and
necessary to the importation and entry into
the United States, including importation for
admission into a foreign trade zone located
in the United States, of the following
categories of diamonds are authorized
through 12:01 a.m. eastern daylight time,
September 1, 2025, provided that the
diamonds were physically located outside of
the Russian Federation before, and were not
PO 00000
Frm 00004
Fmt 4700
Sfmt 4700
exported or re-exported from the Russian
Federation since:
(1) March 1, 2024 for non-industrial
diamonds with a weight of 1.0 carat or
greater; or
(2) September 1, 2024 for non-industrial
diamonds with a weight of 0.5 carats or
greater.
Note 1 to paragraph (a). The importation
and entry into the United States, including
importation for admission into a foreign trade
zone located in the United States, of nonindustrial diamonds of Russian Federation
origin remains prohibited pursuant to section
1(a)(i)(A) of E.O. 14068.
(b) This general license does not authorize
any transactions otherwise prohibited by the
Russian Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person
blocked pursuant to the RuHSR, unless
separately authorized.
Note 2 to General License No. 104.
Nothing in this general license relieves any
person from compliance with any other
Federal laws or requirements of other Federal
agencies.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 105
Authorizing Limited Safety and
Environmental Transactions and the
Unloading of Cargo Involving Certain
Blocked Persons or Vessels
(a) Except as provided in paragraph (c) of
this general license, all transactions
prohibited by Executive Order (E.O.) 14024
that are ordinarily incident and necessary to
one of the following activities involving
White Fox Ship Management FZCO or any
entity in which White Fox Ship Management
FZCO owns, directly or indirectly, a 50
percent or greater interest, are authorized
through 12:01 a.m. eastern daylight time,
October 23, 2024, provided that any payment
to a blocked person must be made into a
blocked account in accordance with the
Russian Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR):
(1) The safe docking and anchoring in port
of any vessels in which any person listed in
paragraph (a) of this general license has a
property interest (the ‘‘blocked vessels’’);
(2) The preservation of the health or safety
of the crew of any of the blocked vessels; or
(3) Emergency repairs of any of the blocked
vessels or environmental mitigation or
protection activities relating to any of the
blocked vessels.
(b) Except as provided in paragraph (c) of
this general license, all transactions
prohibited by E.O. 14024 that are ordinarily
incident and necessary to the delivery and
offloading of cargo involving the blocked
persons identified in paragraph (a) are
authorized through 12:01 a.m. eastern
E:\FR\FM\06SER1.SGM
06SER1
Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Rules and Regulations
31 CFR Part 587
(10) Speech Technology Center Limited;
(11) Idronaut S.R.L.;
(12) GRK Bystrinskoye;
(13) Aktsionernoe Obshchestvo Evraz
Nizhnetagilski Metallurgicheski Kombinat
(NTMK);
(14) Aktsionernoe Obshchestvo Evraz
Vanadi Tula;
(15) Aktsionernoe Obshchestvo Evraz
Market;
(16) Limited Liability Company Volga
Dnepr Airlines;
(17) Atran Limited Liability Company; or
(18) Any entity in which one or more of
the above persons own, directly or indirectly,
individually or in the aggregate, a 50 percent
or greater interest.
(b) This general license does not authorize:
(1) Any transactions prohibited by
Directive 2 under E.O. 14024, Prohibitions
Related to Correspondent or PayableThrough Accounts and Processing of
Transactions Involving Certain Foreign
Financial Institutions;
(2) Any transactions prohibited by
Directive 4 under E.O. 14024, Prohibitions
Related to Transactions Involving the Central
Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, and
the Ministry of Finance of the Russian
Federation; or
(3) Any transactions otherwise prohibited
by the RuHSR, including transactions
involving any person blocked pursuant to the
RuHSR other than the blocked persons
described in paragraph (a) of this general
license, unless separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
GENERAL LICENSE NO. 106
OFFICE OF FOREIGN ASSETS CONTROL
Authorizing the Wind Down of Transactions
Involving Certain Entities Blocked on August
23, 2024
(a) Except as provided in paragraph (b) of
this general license, all transactions
prohibited by Executive Order (E.O.) 14024
that are ordinarily incident and necessary to
the wind down of any transaction involving
one or more of the following blocked entities
are authorized through 12:01 a.m. eastern
daylight time, October 9, 2024, provided that
any payment to a blocked person is made
into a blocked account in accordance with
the Russian Harmful Foreign Activities
Sanctions Regulations, 31 CFR part 587
(RuHSR):
(1) General Technology Group Dalian
Machine Tool Import & Export Co Ltd;
(2) Public Joint Stock Company Yakutskaya
Toplivno Energeticheskaya Kompaniya
(YATEC);
(3) Joint Stock Company Holdingovaya
Kompaniya SDS Ugol;
(4) Public Joint Stock Company Ugolnaya
Kompaniya Yuzhnyi Kuzbass;
(5) Joint Stock Company Stroiservis;
(6) Guangzhou Chiphome Information
Technology Limited;
(7) Chengdu Jingxin Technology Co Ltd;
(8) Shenzhen Huashuo Semiconductor Co
Ltd;
(9) AirBridgeCargo Airlines Limited
Liability Company;
Russian Harmful Foreign Activities
Sanctions Regulations
daylight time, October 23, 2024, provided
that the cargo was loaded prior to August 23,
2024.
(c) This general license does not authorize:
(1) The entry into any new commercial
contracts involving the property or interests
in property of any blocked persons, including
the blocked entities described in paragraph
(a) of this general license, except as
authorized by paragraph (a);
(2) Any transactions prohibited by
Directive 2 under E.O. 14024, Prohibitions
Related to Correspondent or PayableThrough Accounts and Processing of
Transactions Involving Certain Foreign
Financial Institutions;
(3) Any transactions prohibited by
Directive 4 under E.O. 14024, Prohibitions
Related to Transactions Involving the Central
Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, and
the Ministry of Finance of the Russian
Federation; or
(4) Any transactions otherwise prohibited
by the RuHSR, including transactions
involving the property or interests in
property of any person blocked pursuant to
the RuHSR, other than transactions involving
the blocked persons described in paragraph
(a) of this general license, unless separately
authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
lotter on DSK11XQN23PROD with RULES1
Russian Harmful Foreign Activities
Sanctions Regulations
VerDate Sep<11>2014
15:47 Sep 05, 2024
Jkt 262001
31 CFR Part 587
GENERAL LICENSE NO. 107
Authorizing Limited Safety and
Environmental Transactions Involving
Certain Blocked Persons or Vessels
(a) Except as provided in paragraph (c) of
this general license, all transactions
prohibited by Executive Order (E.O.) 14024
that are ordinarily incident and necessary to
one of the following activities involving the
blocked persons described in paragraph (b)
are authorized through 12:01 a.m. eastern
daylight time, October 23, 2024, provided
that any payment to a blocked person must
be made into a blocked account in
accordance with the Russian Harmful
Foreign Activities Sanctions Regulations, 31
CFR part 587 (RuHSR):
(1) The safe docking and anchoring in port
of any vessels in which any person listed in
paragraph (b) of this general license has a
property interest (the ‘‘blocked vessels’’);
(2) The preservation of the health or safety
of the crew of any of the blocked vessels; or
(3) Emergency repairs of any of the blocked
vessels or environmental mitigation or
protection activities relating to any of the
blocked vessels.
(b) The authorization in paragraph (a) of
this general license applies to the following
PO 00000
Frm 00005
Fmt 4700
Sfmt 4700
72719
blocked persons listed on the Office of
Foreign Assets Control’s Specially
Designated Nationals and Blocked Persons
List and any entity in which any of the
following persons own, directly or indirectly,
individually or in the aggregate, a 50 percent
or greater interest:
(1) Ocean Speedstar Solutions OPC Private
Limited; or
(2) Zara Shipholding Co.
(c) This general license does not authorize:
(1) The entry into any new commercial
contracts involving the property or interests
in property of any blocked persons, including
the blocked entities described in paragraph
(b) of this general license, except as
authorized by paragraph (a);
(2) The offloading of any cargo onboard
any of the blocked vessels, including the
offloading of liquefied natural gas of Russian
Federation origin, except for the offloading of
cargo that is ordinarily incident and
necessary to address vessel emergencies
authorized pursuant to paragraph (a) of this
general license;
(3) Any transactions related to the sale of
liquefied natural gas of Russian Federation
origin;
(4) Any transactions prohibited by
Directive 2 under E.O. 14024, Prohibitions
Related to Correspondent or PayableThrough Accounts and Processing of
Transactions Involving Certain Foreign
Financial Institutions;
(5) Any transactions prohibited by
Directive 4 under E.O. 14024, Prohibitions
Related to Transactions Involving the Central
Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, and
the Ministry of Finance of the Russian
Federation; or
(6) Any transactions otherwise prohibited
by the RuHSR, including transactions
involving the property or interests in
property of any person blocked pursuant to
the RuHSR, other than transactions involving
the blocked persons described in paragraph
(b) of this general license, unless separately
authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2024–19927 Filed 9–5–24; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russia Harmful
Activities Sanctions Regulations Web
General Licenses 99A, 100A, and 102
Office of Foreign Assets
Control, Treasury.
AGENCY:
E:\FR\FM\06SER1.SGM
06SER1
Agencies
[Federal Register Volume 89, Number 173 (Friday, September 6, 2024)]
[Rules and Regulations]
[Pages 72718-72719]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-19927]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Web General Licenses 103, 104, 105, 106, and 107
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing five general licenses (GLs) issued
pursuant to the Russian Harmful Foreign Activities Sanctions
Regulations: GLs 103, 104, 105, 106, and 107, each of which was
previously made available on OFAC's website.
DATES: GLs 103, 104, 105, 106, and 107were issued on August 23, 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.
Background
On August 23, 2024, OFAC issued GLs 103, 104, 105, 106, and 107 to
authorize certain transactions otherwise prohibited by the Russian
Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587
(RuHSR). Each GL was made available on OFAC's website (https://ofac.treasury.gov) when it was issued. GL 104 has an expiration date of
September 1, 2025; GL 105 and GL 107 each has an expiration date of
October 23, 2024; and GL 106 has an expiration date of October 9, 2024.
The text of these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 103
Authorizing Transactions Related to Imports of Certain Diamond Jewelry
Prohibited by Executive Order 14068
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of February 8, 2024
made pursuant to sections 1(a)(i)(A) and 1(a)(i)(D) of Executive
Order 14068 (``Prohibitions Related to Imports of Diamond Jewelry
and Unsorted Diamonds of Russian Federation Origin and Diamond
Jewelry and Unsorted Diamonds Exported from the Russian
Federation'') that are ordinarily incident and necessary to the
importation and entry into the United States, including importation
for admission into a foreign trade zone located in the United
States, of diamond jewelry that was physically located outside of
the Russian Federation prior to March 1, 2024, and not exported or
reexported from the Russian Federation on or after March 1, 2024,
are authorized.
(b) This general license does not authorize any transactions
otherwise prohibited by the Russian Harmful Foreign Activities
Sanctions Regulations, 31 CFR part 587 (RuHSR), including
transactions involving any person blocked pursuant to the RuHSR,
unless separately authorized.
Note to General License No. 103. Nothing in this general license
relieves any person from compliance with any other Federal laws or
requirements of other Federal agencies.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 104
Authorizing Transactions Related to Imports of Certain Diamonds
Prohibited by Executive Order 14068
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of February 8, 2024
made pursuant to section 1(a)(i)(B) of Executive Order (E.O.) 14068
(``Prohibitions Related to Imports of Certain Categories of
Diamonds'') that are ordinarily incident and necessary to the
importation and entry into the United States, including importation
for admission into a foreign trade zone located in the United
States, of the following categories of diamonds are authorized
through 12:01 a.m. eastern daylight time, September 1, 2025,
provided that the diamonds were physically located outside of the
Russian Federation before, and were not exported or re-exported from
the Russian Federation since:
(1) March 1, 2024 for non-industrial diamonds with a weight of
1.0 carat or greater; or
(2) September 1, 2024 for non-industrial diamonds with a weight
of 0.5 carats or greater.
Note 1 to paragraph (a). The importation and entry into the
United States, including importation for admission into a foreign
trade zone located in the United States, of non-industrial diamonds
of Russian Federation origin remains prohibited pursuant to section
1(a)(i)(A) of E.O. 14068.
(b) This general license does not authorize any transactions
otherwise prohibited by the Russian Harmful Foreign Activities
Sanctions Regulations, 31 CFR part 587 (RuHSR), including
transactions involving any person blocked pursuant to the RuHSR,
unless separately authorized.
Note 2 to General License No. 104. Nothing in this general
license relieves any person from compliance with any other Federal
laws or requirements of other Federal agencies.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 105
Authorizing Limited Safety and Environmental Transactions and the
Unloading of Cargo Involving Certain Blocked Persons or Vessels
(a) Except as provided in paragraph (c) of this general license,
all transactions prohibited by Executive Order (E.O.) 14024 that are
ordinarily incident and necessary to one of the following activities
involving White Fox Ship Management FZCO or any entity in which
White Fox Ship Management FZCO owns, directly or indirectly, a 50
percent or greater interest, are authorized through 12:01 a.m.
eastern daylight time, October 23, 2024, provided that any payment
to a blocked person must be made into a blocked account in
accordance with the Russian Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR):
(1) The safe docking and anchoring in port of any vessels in
which any person listed in paragraph (a) of this general license has
a property interest (the ``blocked vessels'');
(2) The preservation of the health or safety of the crew of any
of the blocked vessels; or
(3) Emergency repairs of any of the blocked vessels or
environmental mitigation or protection activities relating to any of
the blocked vessels.
(b) Except as provided in paragraph (c) of this general license,
all transactions prohibited by E.O. 14024 that are ordinarily
incident and necessary to the delivery and offloading of cargo
involving the blocked persons identified in paragraph (a) are
authorized through 12:01 a.m. eastern
[[Page 72719]]
daylight time, October 23, 2024, provided that the cargo was loaded
prior to August 23, 2024.
(c) This general license does not authorize:
(1) The entry into any new commercial contracts involving the
property or interests in property of any blocked persons, including
the blocked entities described in paragraph (a) of this general
license, except as authorized by paragraph (a);
(2) Any transactions prohibited by Directive 2 under E.O. 14024,
Prohibitions Related to Correspondent or Payable-Through Accounts
and Processing of Transactions Involving Certain Foreign Financial
Institutions;
(3) Any transactions prohibited by Directive 4 under E.O. 14024,
Prohibitions Related to Transactions Involving the Central Bank of
the Russian Federation, the National Wealth Fund of the Russian
Federation, and the Ministry of Finance of the Russian Federation;
or
(4) Any transactions otherwise prohibited by the RuHSR,
including transactions involving the property or interests in
property of any person blocked pursuant to the RuHSR, other than
transactions involving the blocked persons described in paragraph
(a) of this general license, unless separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 106
Authorizing the Wind Down of Transactions Involving Certain Entities
Blocked on August 23, 2024
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by Executive Order (E.O.) 14024 that are
ordinarily incident and necessary to the wind down of any
transaction involving one or more of the following blocked entities
are authorized through 12:01 a.m. eastern daylight time, October 9,
2024, provided that any payment to a blocked person is made into a
blocked account in accordance with the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587 (RuHSR):
(1) General Technology Group Dalian Machine Tool Import & Export
Co Ltd;
(2) Public Joint Stock Company Yakutskaya Toplivno
Energeticheskaya Kompaniya (YATEC);
(3) Joint Stock Company Holdingovaya Kompaniya SDS Ugol;
(4) Public Joint Stock Company Ugolnaya Kompaniya Yuzhnyi
Kuzbass;
(5) Joint Stock Company Stroiservis;
(6) Guangzhou Chiphome Information Technology Limited;
(7) Chengdu Jingxin Technology Co Ltd;
(8) Shenzhen Huashuo Semiconductor Co Ltd;
(9) AirBridgeCargo Airlines Limited Liability Company;
(10) Speech Technology Center Limited;
(11) Idronaut S.R.L.;
(12) GRK Bystrinskoye;
(13) Aktsionernoe Obshchestvo Evraz Nizhnetagilski
Metallurgicheski Kombinat (NTMK);
(14) Aktsionernoe Obshchestvo Evraz Vanadi Tula;
(15) Aktsionernoe Obshchestvo Evraz Market;
(16) Limited Liability Company Volga Dnepr Airlines;
(17) Atran Limited Liability Company; or
(18) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50
percent or greater interest.
(b) This general license does not authorize:
(1) Any transactions prohibited by Directive 2 under E.O. 14024,
Prohibitions Related to Correspondent or Payable-Through Accounts
and Processing of Transactions Involving Certain Foreign Financial
Institutions;
(2) Any transactions prohibited by Directive 4 under E.O. 14024,
Prohibitions Related to Transactions Involving the Central Bank of
the Russian Federation, the National Wealth Fund of the Russian
Federation, and the Ministry of Finance of the Russian Federation;
or
(3) Any transactions otherwise prohibited by the RuHSR,
including transactions involving any person blocked pursuant to the
RuHSR other than the blocked persons described in paragraph (a) of
this general license, unless separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 107
Authorizing Limited Safety and Environmental Transactions
Involving Certain Blocked Persons or Vessels
(a) Except as provided in paragraph (c) of this general license,
all transactions prohibited by Executive Order (E.O.) 14024 that are
ordinarily incident and necessary to one of the following activities
involving the blocked persons described in paragraph (b) are
authorized through 12:01 a.m. eastern daylight time, October 23,
2024, provided that any payment to a blocked person must be made
into a blocked account in accordance with the Russian Harmful
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR):
(1) The safe docking and anchoring in port of any vessels in
which any person listed in paragraph (b) of this general license has
a property interest (the ``blocked vessels'');
(2) The preservation of the health or safety of the crew of any
of the blocked vessels; or
(3) Emergency repairs of any of the blocked vessels or
environmental mitigation or protection activities relating to any of
the blocked vessels.
(b) The authorization in paragraph (a) of this general license
applies to the following blocked persons listed on the Office of
Foreign Assets Control's Specially Designated Nationals and Blocked
Persons List and any entity in which any of the following persons
own, directly or indirectly, individually or in the aggregate, a 50
percent or greater interest:
(1) Ocean Speedstar Solutions OPC Private Limited; or
(2) Zara Shipholding Co.
(c) This general license does not authorize:
(1) The entry into any new commercial contracts involving the
property or interests in property of any blocked persons, including
the blocked entities described in paragraph (b) of this general
license, except as authorized by paragraph (a);
(2) The offloading of any cargo onboard any of the blocked
vessels, including the offloading of liquefied natural gas of
Russian Federation origin, except for the offloading of cargo that
is ordinarily incident and necessary to address vessel emergencies
authorized pursuant to paragraph (a) of this general license;
(3) Any transactions related to the sale of liquefied natural
gas of Russian Federation origin;
(4) Any transactions prohibited by Directive 2 under E.O. 14024,
Prohibitions Related to Correspondent or Payable-Through Accounts
and Processing of Transactions Involving Certain Foreign Financial
Institutions;
(5) Any transactions prohibited by Directive 4 under E.O. 14024,
Prohibitions Related to Transactions Involving the Central Bank of
the Russian Federation, the National Wealth Fund of the Russian
Federation, and the Ministry of Finance of the Russian Federation;
or
(6) Any transactions otherwise prohibited by the RuHSR,
including transactions involving the property or interests in
property of any person blocked pursuant to the RuHSR, other than
transactions involving the blocked persons described in paragraph
(b) of this general license, unless separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: August 23, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-19927 Filed 9-5-24; 8:45 am]
BILLING CODE 4810-AL-P