GL-103

Active

Authorizing Transactions Related to Imports of Certain Diamond Jewelry Prohibited by Executive Order 14068

Status
Active
Program
RUSSIA-EO14024
Authorization
other
Effective
2024-08-23
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

This license authorizes all transactions ordinarily incident and necessary to the importation and entry into the United States of diamond jewelry that was physically located outside of the Russian Federation prior to March 1, 2024, and not exported or reexported from Russia on or after that date. The authorization covers importation for admission into a foreign trade zone located in the United States. It lifts prohibitions imposed by the February 8, 2024 determination under Executive Order 14068 for qualifying diamond jewelry shipments.

Conditions

The diamond jewelry must have been physically located outside of the Russian Federation prior to March 1, 2024, and must not have been exported or reexported from the Russian Federation on or after March 1, 2024. The license does not authorize any transactions otherwise prohibited by the RuHSR, including transactions involving any person blocked pursuant to the RuHSR, unless separately authorized. Nothing in the license relieves any person from compliance with other Federal laws or requirements of other Federal agencies.

Read the official OFAC General License ↗