Venezuela General License 13E​ - Authorizing Certain Activities Involving Nynas AB [REVOKED] [PDF File Contains All Versions]

Date issued: Apr. 04 2020

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TURBOFAC Commentary (1841 words)

Notes: (PDF File Contains All Versions)

*Note common to certain GLs: This is one of 12 GLs that pre-dated the blocking of the Government of Venezuela, pursuant to EO 13884, and was amended to account for the blocking. Except as otherwise noted, the substance of what the GL authorized remained unchanged as a result of EO 13884. OFAC did not amend any FAQ dealing primarily with this FAQ as a result of the blocking of the GOV.

ON 12 MAY 2020, THE GL WAS REVOKED (see https://content.govdelivery.com/accounts/USTREAS/bulletins/28b2584).

"Nynas AB has undertaken a corporate restructuring that has resulted in Nynas AB no longer being blocked pursuant to the Venezuela Sanctions Regulations (31 C.F.R. Part 591). This corporate restructuring, among other things, severs control by blocked persons and reduces the...