FROM THE - JOURNALS of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA ~ Written by Monte Friesner.
OFAC Issues Iranian General Licenses to Support Humanitarian Activity and Athletic Exchanges with Iran.
Today, the Treasury Department’s Office of Foreign Assets Control (OFAC) issued two general licenses that authorize certain humanitarian-related activities by nongovernmental organizations in Iran and athletic exchanges involving Iran and the United States.
General License E authorizes the exportation of services and funds transfers by nongovernmental organizations in support of certain not-for-profit humanitarian activities designed to benefit the people of Iran, including activities related to humanitarian projects to meet basic human needs; non-commercial reconstruction projects in response to natural disasters for a period of up to two years; environmental and wildlife conservation projects; and human rights and democracy building projects.
General License F authorizes the importation and exportation of certain services in support of professional and amateur sporting activities and exchanges involving the United States and Iran.
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