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DEPARTMENT OF THE TREASURY
WASHINGTON, D.C. 20220
License No. SU-2014-314079-1
SUDANESE SANCTIONS REGULATIONS
LICENSE
(Granted under the authority of 50 U.S.C. §§ 1601-51, 1701-06, Executive Orders 13067 and 13412, and 31 C.F.R. Parts 501 and 538.)
To: c/o Providence Trade and Development, LLC
Sun Pumps, Inc.
8 Haddon Place
Fort Washington, PA 19034
Attn: Alexander Henkels
1. Based on your request dated November 17, 2014, on behalf of Sun Pumps, Inc., to the Office of Foreign Asset Control (the "Application"), and information otherwise available to the Office of Foreign Assets Control, transactions and activities delineated herein are hereby authorized.
2. This License is granted upon the statements and representations made in the Application, or otherwise filed with made to the Treasury Department...
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1) For the SSR as they existed at the time of the issuance of the license, see https://www.govinfo.gov/content/pkg/CFR-2015-title31-vol3/xml/CFR-2015-title31-vol3-part538.xml. A notable aspect of the license, apart from OFAC having exercised its discretion to issue is, is the reference to 538.525 (“Payment may be made by cash in advance, open account financing, or letter of credit to be issued by third-country financial institution that is not a U.S. person, consistent with the provisions of 31 C.F.R. section 538.525”). 538.525 set out “Payment for and financing of commercial sales of certain agricultural commodities, medicine, and medical devices.” The GL addressed payment terms for “agricultural commodities that do not fall within the definition of food set forth in § 538.523(a)(3)(ii)”. The suggestion is that OFAC considered the “U.S.-origin solar powered pump systems and solar...