[Federal Register Volume 88, Number 138 (Thursday, July 20, 2023)]
[Rules and Regulations]
[Pages 46688-46689]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-15368]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 560


Publication of Iranian Transactions and Sanctions Regulations Web 
General License P

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of web general license.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing a general license (GL) issued pursuant to 
the Iranian Transactions and Sanctions Regulations and an Iran-related 
Executive order: GL P, which was previously made available on OFAC's 
website.

DATES: GL P was issued on June 2, 2023. See SUPPLEMENTARY INFORMATION 
for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Compliance, 202-622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: https://ofac.treasury.gov.

Background

    On June 2, 2023, OFAC issued GL P to authorize certain transactions 
otherwise prohibited by the Iranian Transactions and Sanctions 
Regulations, 31 CFR part 560, or Executive Order 13846 of August 6, 
2018, ``Reimposing Certain Sanctions With Respect to Iran'' (83 FR 
38939, August 7, 2018). GL P was made available on OFAC's website 
(https://ofac.treasury.gov) when it was issued. GL P has an expiration 
date of July 6, 2023. The text of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 13846 of August 6, 2018

Reimposing Certain Sanctions With Respect to Iran

Iranian Transactions and Sanctions Regulations

31 CFR Part 560

GENERAL LICENSE P

Authorizing the Wind Down of Transactions Involving Navyan Abr Arvan 
Private Limited Company or Arvancloud Global Technologies L.L.C.

    (a) Except as provided in paragraph (b) of this general license, 
all transactions ordinarily incident and necessary to the wind down 
of any transaction involving Navyan Abr Arvan Private Limited 
Company or Arvancloud Global Technologies L.L.C. that are prohibited 
by the Iranian Transactions and Sanctions Regulations, 31 CFR part 
560 (ITSR), or Executive Order (E.O.) 13846 of August 6, 2018, are 
authorized through 12:01 a.m. eastern daylight time, July 6, 2023, 
provided that any payment to a blocked

[[Page 46689]]

person must be made into a blocked account in accordance with the 
ITSR.
    (b) This general license does not authorize any transactions 
otherwise prohibited by the ITSR or E.O. 13846, including 
transactions involving any person blocked pursuant to the ITSR or 
E.O. 13846 other than the blocked persons described in paragraph (a) 
of this general license, unless separately authorized.

Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: June 2, 2023.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-15368 Filed 7-19-23; 8:45 am]
BILLING CODE 4810-AL-P