[Federal Register Volume 88, Number 242 (Tuesday, December 19, 2023)]
[Rules and Regulations]
[Pages 87714-87715]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27693]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 525


Publication of Burma Sanctions Regulations Web General Licenses 3 
and 4

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of web general licenses.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing two general licenses (GLs) issued pursuant 
to the Burma Sanctions Regulations: GLs 3 and 4, each of which was 
previously made available on OFAC's website.

DATES: GLs 3 and 4 were issued on March 25, 2021. See SUPPLEMENTARY 
INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Compliance, 202-622-2490.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: https://ofac.treasury.gov.

Background

    On March 25, 2021, OFAC issued GLs 3 and 4 to authorize certain 
transactions otherwise prohibited by Executive Order (E.O.) 14014 of 
February 10, 2021, ``Blocking Property With Respect to the Situation in 
Burma'' (86 FR 9429, February 12, 2021). On June 1, 2021, OFAC 
incorporated the prohibitions of E.O. 14014 into the Burma Sanction 
Regulations, 31 CFR part 525. Each GL was made available on OFAC's 
website (https://ofac.treasury.gov) when it was issued. GL 4 is now 
expired. The text of these GLs is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14014 of February 10, 2021--Blocking Property With 
Respect to the Situation in Burma

GENERAL LICENSE NO. 3

Certain Transactions in Support of Nongovernmental Organizations' 
Activities

    (a) Except as provided in paragraph (c) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) 
14014 that are ordinarily incident and necessary to the activities 
described in paragraph (b) by nongovernmental organizations are 
authorized, including the processing and transfer of funds; payment 
of taxes, fees, and import duties; and purchase or receipt of 
permits, licenses, or public utility services.
    (b) The activities referenced in paragraph (a) of this general 
license are as follows:
    (1) Activities to support humanitarian projects to meet basic 
human needs in Burma, including drought and flood relief; food, 
nutrition, and medicine distribution; the provision of health 
services; assistance for vulnerable or displaced populations, 
including individuals with disabilities and the elderly; and 
environmental programs;
    (2) Activities to support democracy building in Burma, including 
activities to support rule of law, citizen participation, government 
accountability and transparency, human rights and fundamental 
freedoms, access to information, and civil society development 
projects;
    (3) Activities to support education in Burma, including 
combating illiteracy, increasing access to education, international 
exchanges, and assisting education reform projects;
    (4) Activities to support non-commercial development projects 
directly benefiting the people of Burma, including preventing 
infectious disease and promoting maternal/child health, sustainable 
agriculture, and clean water assistance; and
    (5) Activities to support environmental and natural resource 
protection in Burma, including the preservation and protection of 
threatened or endangered species, responsible and transparent 
management of natural resources, and the remediation of pollution or 
other environmental damage.
    (c) This general license does not authorize any transactions or 
activities otherwise prohibited by E.O. 14014, or prohibited by any 
part of 31 CFR chapter V, statute, or other Executive order.

Bradley T. Smith,
Acting Director,
Office of Foreign Assets Control.

Dated: March 25, 2021

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14014 of February 10, 2021--Blocking Property With 
Respect to the Situation in Burma

GENERAL LICENSE NO. 4

Authorizing the Wind Down of Transactions Involving Myanmar Economic 
Corporation Limited and Myanma Economic Holdings Public Company Limited

    (a) Except as provided in paragraph (b) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) 
14014 that are ordinarily incident and necessary to the wind down of 
transactions involving Myanmar Economic Corporation Limited (MEC), 
Myanma Economic Holdings Public Company Limited (MEHL), or any 
entity in which MEC or MEHL owns, whether individually or in the 
aggregate, directly or indirectly, a 50 percent or greater interest 
are authorized through 12:01 a.m. eastern daylight time, June 22, 
2021.

[[Page 87715]]

    (b) This general license does not authorize any transactions or 
activities otherwise prohibited by E.O. 14014, or prohibited by any 
part of 31 CFR chapter V, statute, or other Executive order, or 
involving any blocked persons other than the blocked persons 
identified in paragraph (a) of this general license.

Bradley T. Smith,
Acting Director,
Office of Foreign Assets Control.

Dated: March 25, 2021

Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-27693 Filed 12-18-23; 8:45 am]
BILLING CODE 4810-AL-P