OFAC Issues General License to Aid Relief Efforts in Burma
In order to support the humanitarian relief efforts in Burma (Myanmar) as a result of the devastation left by Cyclone Nargis, the Treasury Department's Office of Foreign Assets Control (OFAC) today issued General License Number 14 under the Burmese Sanctions Regulations.
General License No. 14 authorizes the exportation or reexportation of financial services to Burma in support of not-for-profit humanitarian or religious activities in Burma of U.S. or third-country nongovernmental organizations.
However, the General License does not permit financial services to be provided directly or indirectly to the Government of Burma, to persons whose property and interests in property have been blocked by the U.S. or to nongovernmental organizations owned or controlled by the Government of Burma.
Labels: Burma/Myanmar
|posted by Douglas N. Jacobson| Permalink 
