OFAC FAQ (Current) # 1027 - Russian Harmful Foreign Activities Sanctions (PDF contans all versions)

Date issued: Feb. 23 2024

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TURBOFAC Commentary (105 words)

Notes:

1) The cross reference to FAQ # 1019 means that the term "Russian Federation origin" is being interpreted harmoniously across the import bans in EO 14068 and EO 14066. Accordingly, this FAQ appears to confirm that "origin," here and in the context of covered oil products, will be determined with reference to USHTS tariff classifications (and determinations by CBP more generally).

2) FAQ amended on 2-23-24 to add HTSUS headings for "diamonds," "unsorted diamonds" and "diamond jewelry". The FAQ also adds the last sentence, which specifies that the "luxury goods" prohibition of section 1(a)(ii) of EO 14068 is administered by BIS.