Temporary Extension of Ukraine-related General Licenses

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Temporary Extension of Ukraine-related General Licenses

Today OFAC extended the expiration date of certain general licenses related to GAZ Group, and issued two general licenses: General License No. 13F - Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons; and General License No. 15A - Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with GAZ Group.

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