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589.309 Defense and related materiel sector of the Russian Federation economy.
The term defense and related materiel sector of the Russian Federation economy includes: the military, armed forces, or security forces of the Russian Federation; the military, armed forces, or security forces of the Russian Federation’s use of arms or related materiel; and any person manufacturing, supplying, providing financing for, procuring, or distributing goods, services, or technology to the military, armed forces, or security forces of the Russian Federation; or financing, developing, testing, producing, or sustaining such goods or services or technology, or arms or related materiel, within or transiting the Russian Federation.
1) This definitional provision was implemented into the URSR in 5-2-2022, and is novel in the sense that the substance does not reproduce prior-issued guidance. The provision is relevant for the purposes of OFAC's designations and SSI List additions under EO 13661 and EO 13662 (i.e. the provisions therein that allow for the imposition of sanctions on persons "operating in" certain sectors of the Russian economy).
* Note: in the version of the URSR in force from 2014-5/2022, this provision was 31 CFR § 589.309 - Transfer. That provision was redesignated as part of the URSR amendments in May, 2022.