[Federal Register Volume 78, Number 131 (Tuesday, July 9, 2013)]
[Notices]
[Page 41192]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-16450]



[[Page 41192]]

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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Publication of General License Related to the Zimbabwe Sanctions 
Program

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice, publication of general license.

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SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets 
Control (``OFAC'') is publishing General License No. 1 issued under the 
Zimbabwe sanctions program on April 24, 2013. Zimbabwe General License 
No. 1 authorizes all transactions involving Agricultural Development 
Bank of Zimbabwe and Infrastructure Development Bank of Zimbabwe, 
subject to certain limitations.

DATES: Effective Date: April 24, 2013.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions 
Compliance & Evaluation, tel.: 202-622-2490, Assistant Director for 
Licensing, tel.: 202-622-2480, Assistant Director for Policy, tel.: 
202-622-4855, Office of Foreign Assets Control, or Chief Counsel 
(Foreign Assets Control), tel.: 202-622-2410, Office of the General 
Counsel, Department of the Treasury (not toll free numbers).

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (www.treasury.gov/ofac). Certain general 
information pertaining to OFAC's sanctions programs also is available 
via facsimile through a 24-hour fax-on-demand service, tel.: 202-622-
0077.

Background

    On April 24, 2013, OFAC issued Zimbabwe General License No. 1 
authorizing all transactions involving Agricultural Development Bank of 
Zimbabwe and Infrastructure Development Bank of Zimbabwe, subject to 
certain limitations.
    At the time of its issuance on April 24, 2013, OFAC made Zimbabwe 
General License No. 1 available on the OFAC Web site (www.treasury.gov/ofac). With this notice, OFAC is publishing Zimbabwe General License 
No. 1 in the Federal Register.

Zimbabwe General License No. 1

General License with Respect to Agricultural Development Bank of 
Zimbabwe and Infrastructure Development Bank of Zimbabwe

    (a) Effective April 24, 2013, all transactions involving 
Agricultural Development Bank of Zimbabwe and Infrastructure 
Development Bank of Zimbabwe are authorized, subject to the limitations 
set forth below.
    (b) This general license does not authorize transactions involving 
any person whose property and interests in property are blocked 
pursuant to 31 CFR 541.201(a), Executive Order 13288 of March 6, 2003, 
Executive Order 13391 of November 22, 2005, or Executive Order 13469 of 
July 25, 2008, other than Agricultural Development Bank of Zimbabwe and 
Infrastructure Development Bank of Zimbabwe.
    (c) All property and interests in property blocked pursuant to 31 
CFR 541.201(a), Executive Order 13288 of March 6, 2003, Executive Order 
13391 of November 22, 2005, or Executive Order 13469 of July 25, 2008, 
as of April 24, 2013, remain blocked.

    Dated: June 26, 2013.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2013-16450 Filed 7-8-13; 8:45 am]
BILLING CODE 4810-AL-P