Iran General License P - Authorizing the Wind Down of Transactions Involving Navyan Abr Arvan Private Limited Company or Arvancloud Global Technologies L.L.C.

Date issued: Jun. 02 2023

TURBOFAC Commentary (81 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 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.