OFAC Issues General License for Certain Civil Aircraft Re-Exports to Iran
The Office of Foreign Assets Control issued General License J-1, which authorizes the re-exportation of eligible civil aircraft involving code-sharing arrangements to Iran on temporary sojourn and related transactions, OFAC said (here). This license supersedes General License J. OFAC also…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
updated related to the lifting of U.S. sanctions on Iran under the Joint Comprehensive Plan of Action (JCPOA). Meanwhile, Secretary of State John Kerry on Dec. 15 renewed the U.S.' waiver of sanctions on Iran under the JCPOA, according to a statement (here).