JCPOA Implementation FAQ K-13 - Foreign Entities Owned or Controlled by U.S. Persons

Date issued: Jan. 16 2016

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TURBOFAC Commentary (2675 words)

Notes:

1) Superseded/archived; Iran General License (No. H) revoked pursuant to JCPOA withdrawal.

2) Part of the FAQ generally restates Note 1 to paragraph (a) of GL H, the rest affirms that, notwithstanding the suspension of 560.215 for the JCPOA, 560.204 and 560.205 apply as they would have prior to the JCPOA.

3) The FAQ is notable for the purposes of post-JCPOA interpretations of 560.205 and 560.204, as the particular constructions used in the FAQ do not (as of 5/2019) appear in the regulations or other guidance.

"In addition, non-U.S. persons – including U.S.-owned or -controlled foreign entities – continue to be prohibited from reexporting from a third country, directly or indirectly, any goods, technology, or services that have been exported from the United States if...