PRINT
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR part 587
GENERAL LICENSE NO. 41
Authorizing Certain Transactions Related to Agricultural Equipment
(a) Except as provided in paragraph (b) of this general license, all transactions ordinarily incident and necessary to the manufacture, sale, and maintenance, including the provision and receipt of warranty and maintenance services, of agricultural equipment, components, and spare parts produced by Nefaz Publicly Traded Company (“Nefaz”) or Public Joint Stock Company Tutaev Motor Plant (“Tutaev Motor Plant”), or any entity in which Nefaz or Tutaev Motor Plant owns, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest, that are prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), are authorized through 12:01 a.m. eastern standard time, December 22, 2022,...
Click the appropriate link below for access to this file.
Click the appropriate link below for access to this file.
1) Compare early versions of Ukraine General License Number 15, which at one point authorized virtually all otherwise prohibited transactions involving a blocked entity that were ordinarily incident to its manufacture of automobiles. This GL appears to be extremely broad, except insofar as the "blocked accounts" carveout serves to limit the practical scope of it to transactions involving outflows of cash by the blocked entities, rather than inflows.
2) This is a rare GL that licenses against Directive 2 Under EO 14024 and Directive 4 Under EO 14024.