Frequently Asked Questions

591. I am a U.S. person that seeks to supply goods to GAZ Group.  Am I permitted to export those goods from the United States to GAZ Group pursuant to General License (GL) 15L?

Answer

GL 15L authorizes transactions and activities that are ordinarily incident and necessary to the wind down of transactions involving GAZ Group (or any entity in which GAZ Group owns, directly or indirectly, a 50 percent or greater interest), including exports.  Any exports to GAZ Group must be consistent with GL 15L and must also be consistent with the requirements of other U.S. federal agencies.  After the expiration of GL 15L, unless exempt or authorized by OFAC, U.S. persons will be prohibited from engaging in any transactions (including those related to wind down and exports) involving GAZ Group, or any entity in which GAZ Group owns, directly or indirectly, a 50 percent or greater interest, and must block property or interests in property of such persons that are in, or come within, the United States, or the possession or control of a U.S. person.

Date Updated: April 25, 2022

Date Released
July 22, 2020