Ethiopia General License Number 4 - Authorizing the Wind Down of Transactions Involving Hidri Trust or Red Sea Trading Corporation (November 12, 2021)

Date issued: Nov. 12 2021

TURBOFAC Commentary (115 words)

Notes:

1) This is a standard wind-down general license, authorizing the processing of underlying transactions that may not involve U.S. persons (see e.g. FAQ 807), but not including authorizations for the "maintenance" of activities. See corresponding designation notice at https://home.treasury.gov/news/press-releases/sm1194.

2) Refer to the Research System for documents dealing with the scope of the types of transactions that qualify for "wind down" GLs such as this. See in particular Examples of Transactions Deemed to be, and not to be, Within the Scope of the Standard "Wind-down" and "Maintenance" GLs.

3) Read in conjunction with FAQ # 935, issued on the same day as this GL.