![]() interline transfer and codeshare partners and.entities that procure aircraft parts and equipment.freight booking and handling companies.Rather, the OFAC's regulations apply to a broad range of aviation-related industries, including: The advisory further reminds sector participants that the sanctions are not limited to air carriers. It also cautions against transactions involving any Iranian individual or entity on the OFAC's Specially Designated Nationals and Blocked Persons lists (SDN list). In particular, the advisory reminds aviation industry participants about the potential consequences of doing business with air operators, such as Mahan Air, Caspian Air, Syrian Air, Dart Airlines and Kyrgyz Trans Avia. The advisory announces no new or modified sanctions, but summarises the existing sanctions regimes and cautions persons to be aware of Iran's use of deceptive practices to circumvent prohibitions regarding the unauthorised transfer of US-origin aircraft (including aircraft with 10% or more US-origin content) or related goods, technology or services to Iran. On 23 July 2019 the US Treasury Department's Office of Foreign Assets Control (OFAC) issued its Iran-Related Civil Aviation Industry Advisory, which discusses "deceptive practices by Iran with respect to the Civil Aviation Industry". Existing export policies and licences remain in place ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |