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OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13846 of August 6, 2018
Reimposing Certain Sanctions With Respect to Iran
Iranian Transactions and Sanctions Regulations
31 CFR part 560
GENERAL LICENSE P
Authorizing the Wind Down of Transactions Involving Navyan Abr Arvan Private Limited Company or Arvancloud Global Technologies L.L.C.
(a) Except as provided in paragraph (b) of this general license, all transactions ordinarily incident and necessary to the wind down of any transaction involving Navyan Abr Arvan Private Limited Company or Arvancloud Global Technologies L.L.C. that are prohibited by the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (ITSR), or Executive Order (E.O.) 13846 of August 6, 2018, are authorized through 12:01 a.m. eastern daylight time, July 6, 2023, provided that any payment to a blocked person must be made into a blocked account in accordance with the ITSR.
(b) This general license does not authorize any transactions otherwise prohibited by the ITSR or E.O. 13846, including transactions involving any person blocked pursuant to the ITSR or E.O. 13846 other than the blocked persons described in paragraph (a) of this general license, unless separately authorized.
Andrea M. Gacki
Director
Office of Foreign Assets Control
Dated: June 2, 2023
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 1112), but not including authorizations for the "maintenance" of activities. See Examples of Transactions Deemed to Be, and Not to Be, Within the Scope of the Standard “Wind-Down” and “Maintenance” GLs. Designation notice related to the entities covered by the GL can be found at https://home.treasury.gov/news/press-releases/jy1518.