United States:
OFAC Issues General License On Authorized Transactions With Iran-Related Entity
07 November 2019
Cadwalader, Wickersham & Taft LLP
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OFAC issued a general license authorizing certain
activities involving an entity designated under Iran-related
sanctions.
Pursuant to General License K, OFAC authorized certain
activities necessary to maintain or wind down transactions
involving Cosco Shipping Tanker (Dalian) Co., Ltd until December
20, 2019.
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