GL-4
ExpiredExportation or reexportation of agricultural commodities, medicine, or medical devices to Iran through any Iranian port operated by Tidewater Middle East Company is authorized in certain circumstances.
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 the exportation or reexportation of agricultural commodities, medicine, or medical devices to Iran through Iranian ports operated by Tidewater Middle East Company, a designated entity. It also covers related services and payments. Authorization is limited to transactions already covered by a pre-existing OFAC specific license and a pre-existing delivery contract requiring use of Tidewater-operated ports, and the license itself expires on August 23, 2011.
Conditions
The exportation or reexportation must be authorized by a specific OFAC license issued prior to June 23, 2011, pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000 and the Iranian Transactions Regulations, 31 C.F.R. Part 560. Additionally, the goods must be shipped under a contract entered into prior to June 23, 2011, requiring delivery through a Tidewater-operated port. The license expires at 11:59 PM Eastern Daylight Time on August 23, 2011.
Reporting requirement
Any person engaging in transactions pursuant to this General License must submit a report to OFAC detailing such transactions within 30 days of the transactions. Reports should be submitted to the attention of the Licensing Division, Office of Foreign Assets Control, U.S. Department of the Treasury, 1500 Pennsylvania Avenue, N.W., Washington, D.C. 20220.