Frequently Asked Questions

918. What does Belarus General License 4 (GL 4), “Authorizing the Wind Down of Transactions Involving Belaruskali OAO,” authorize? 

Answer

GL 4 authorizes, through 12:01 a.m. eastern standard time, December 8, 2021, all transactions and activities prohibited by E.O. of August 9, 2021 that are ordinarily incident and necessary to the wind down of transactions involving Belaruskali OAO, or any entity in which Belaruskali OAO owns, directly or indirectly, a 50 percent or greater interest, subject to the terms of the license.  GL 4 does not authorize the entry into new purchase contracts, or the stockpiling of inventory, involving Belaruskali OAO, or any entity in which Belaruskali OAO owns, directly or indirectly, a 50 percent or greater interest, on or after August 9, 2021 that are not ordinarily incident and necessary to the wind down of transactions.  After the expiration of GL 4, unless exempt or specifically authorized by OFAC, U.S. persons will be prohibited from engaging in transactions with Belaruskali OAO, or any entity in which Belaruskali OAO 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 Released
August 9, 2021