OFAC Issues Guidance on Food, Medicine Exports to Iran, Sudan
The Office of Foreign Assets Control has issued a guidance on the donations of food and medicine to Iran and the non-Specified Ares of Sudan, which states, among other things, that although such donations, when intended to be used to…
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relieve human suffering, are exempt from the prohibitions of the Iranian Transaction Regulations (ITR) and the Sudanese Sanctions Regulations (SSR) and do not require a license pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000, the commercial exportation or reexportation of food and medicine to Iran and the non-Specified Areas of Sudan is subject to the licensing requirements of TSRA. In addition, the donation of funds to a non-U.S. person for the purchase of food, medicine, or medical devices to be exported to Iran or the non-Specified Areas of Sudan would require a license.