31 CFR § 542.529 Policy on activities related to petroleum and petroleum products of Syrian origin for the benefit of the National Coalition of Syrian Revolutionary and Opposition Forces.

Date issued: May. 02 2014

TURBOFAC Commentary (112 words)

Notes:

1) This GL implements a portion of the "Statements of Licensing Policy - On Activities Related to The Telecommunications And Agricultural Sectors Of Syria And Petroleum And Petroleum Products of Syrian Origin For The Benefit of The National Coalition Of Syrian Revolutionary And Opposition Forces or its Supporters" (still available on OFAC's website).

2) See also §542.523 ( Certain services to the National Coalition of Syrian Revolutionary and Opposition Forces authorized). As that GL alludes to, transactions involving the National Coalition of Syrian Revolutionary and Opposition Forces may entail significant diversion risks.

* Provision amended on 6-5-24 to make non-substantive changes to change references to 542.201(a) from that to just 542.201.