US TREASURY FACT SHEET ON FOOD AND FERTILISER-RELATED AUTHORISATIONS UNDER RUSSIA SANCTIONS; EXPANDED GENERAL LICENSE AUTHORISING AGRICULTURAL TRANSACTIONS AND UPDATED FAQ

On 14 July, the US Treasury released a new factsheet to further clarify agricultural commodities (including fertiliser), agricultural equipment, or medicine relating to Russia are not the target of US sanctions.  General License 6B is also amended to further reiterate that US sanctions on Russia in response to its unprovoked and unjustified war against Ukraine do not stand in the way of agricultural and medical trade.  2 entries also removed from the sanctions lists.  Also published are General License 25C (Authorising transactions related to telecommunications and certain internet-based communications), 30A (Authorising transactions involving SEFE Securing Energy for Europe GmbH) and 44 (Authorising the export or reexport of certain accounting services to US Individuals located in the Russian Federation).

https://home.treasury.gov/system/files/126/russia_fact_sheet_20220714.pdf

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220714

https://home.treasury.gov/news/press-releases/jy0868

https://home.treasury.gov/system/files/126/russia_gl6b.pdf

https://home.treasury.gov/system/files/126/russia_gl25c.pdf

https://home.treasury.gov/system/files/126/russia_gl30a.pdf

https://home.treasury.gov/system/files/126/russia_gl44.pdf

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/updated/2022-07-14

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NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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