OFAC Renews Russia-Related License for Civil Nuclear Energy Transactions
The Office of Foreign Assets Control last week renewed a Russia-related general license that authorizes certain civil nuclear energy-related transactions with Russian entities. General License 115B, which replaces 115A, authorizes those transactions with Gazprombank and other financial institutions through 12:01…
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a.m. EST Dec. 19. The license was scheduled to expire June 30. OFAC also updated several FAQs to reflect the renewal.