BALKANS-GL-3A

Active

Authorizing Certain Transactions Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, Software Updates, or Medical Prevention, Diagnosis, or Treatment, or Clinical Trials Involving Certain Blocked Entities

Status
Active
Program
BALKANS
Authorization
humanitarian
Effective
2024-06-18
Expires
No stated expiry

Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.

Summary

General License No. 3A under the Western Balkans Stabilization Regulations (31 CFR part 588) authorizes all otherwise-prohibited transactions involving specified blocked entities (Orka Holding AD, Infinity International Group d.o.o. Banja Luka, Sirius 2010 d.o.o. Banja Luka, and entities 50%-or-more owned by them) that are related to agricultural commodities, medicine, medical devices, replacement parts and components, or software updates for medical devices. It also covers transactions related to the prevention, diagnosis, or treatment of disease or medical conditions, and the conduct of clinical trials or other medical research. This license replaces and supersedes General License No. 3, dated November 16, 2023, in its entirety, effective June 18, 2024.

Authorized activities

  • Production, manufacturing, sale, transport, or provision of agricultural commodities and agricultural equipment
  • Production, manufacturing, sale, transport, or provision of medicine
  • Production, manufacturing, sale, transport, or provision of medical devices, replacement parts and components for medical devices, or software updates for medical devices
  • Prevention, diagnosis, or treatment of any disease or medical condition
  • Conduct of clinical trials or other medical research

Conditions

The license does not authorize any transactions otherwise prohibited by the WBSR, including transactions involving any person blocked pursuant to the WBSR other than the specific blocked persons listed in paragraph (b) (Orka Holding AD; Infinity International Group d.o.o. Banja Luka; Sirius 2010 d.o.o. Banja Luka; or any entity 50% or more owned by them), unless separately authorized. Nothing in the license relieves any person from compliance with any other Federal laws or requirements of other Federal agencies.

Read the official OFAC General License ↗