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 two general licenses related to GAZ Group by issuing General License No. 13K - Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons, and General License No. 15E - Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts.

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