Federal Register / Vol. 89, No. 206 / Thursday, October 24, 2024 / Rules and Regulations 84821 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 594 

Publication of Global Terrorism 

Sanctions Regulations Web General 

Licenses 30 and 31 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of web general 

licenses. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing two 

general licenses (GLs) issued pursuant 

to the Global Terrorism Sanctions 

Regulations: GLs 30 and 31, each of 

which was previously made available 

on OFAC’s website. 

DATES: GLs 30 and 31 were issued on 

October 7, 2024. 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; 

Assistant Director for Compliance, 202– 

622–2490; or https://ofac.treasury.gov/ 

contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

This document and additional 

information concerning OFAC are 

available on OFAC’s website: https://

ofac.treasury.gov. 

Background 

On October 7, 2024, OFAC issued GLs 

30 and 31 to authorize certain 

transactions otherwise prohibited by 

Global Terrorism Sanctions Regulations, 

31 CFR part 594. Each GL was made 

available on OFAC’s website (https://

ofac.treasury.gov) when it was issued. 

GLs 30 and 31 each have an expiration 

date of November 21, 2024. The text of 

these GLs is provided below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Global Terrorism Sanctions 

Regulations 

31 CFR Part 594 

GENERAL LICENSE NO. 30 

Authorizing the Wind Down of 

Transactions Involving Certain Entities 

Blocked on October 7, 2024 

(a) Except as provided in paragraph 

(b) of this general license, all 

transactions prohibited by the Global 

Terrorism Sanctions Regulations, 31 

CFR part 594 (GTSR), that are ordinarily 

incident and necessary to the wind 

down of any transaction involving one 

or more of the following blocked 

persons are authorized through 12:01 

a.m. eastern standard time, November 

21, 2024, provided that any payment to 

a blocked person is made into a blocked 

account in accordance with the GTSR: 

(1) Al Ahmar Trading Group; 

(2) Al Salam Trading and Agencies 

General Establishment; 

(3) Sabaturk Dis Ticaret Anomin 

Sirketi; 

(4) Vivid Enerji Yatirimlari Anonim 

Sirketi; 

(5) Investrade Portfoy Yonetimi 

Anomim Sirketi; or 

(6) Any entity in which one or more 

of the above persons own, directly or 

indirectly, individually or in the 

aggregate, a 50 percent or greater 

interest. 

(b) This general license does not 

authorize any transactions otherwise 

prohibited by the GTSR, including 

transactions involving any person 

blocked pursuant to the GTSR other 

than the blocked persons described in 

paragraph (a) of this general license, 

unless separately authorized. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

Dated: October 7, 2024. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Global Terrorism Sanctions 

Regulations 

31 CFR Part 594 

GENERAL LICENSE NO. 31 

Authorizing Certain Transactions 

Related to Debt or Equity of, or 

Derivative Contracts Involving, Certain 

Entities Blocked on October 7, 2024 

(a) Except as provided in paragraphs 

(d) and (e) of this general license, all 

transactions prohibited by the Global 

Terrorism Sanctions Regulations, 31 

CFR part 594 (GTSR), that are ordinarily 

incident and necessary to the 

divestment or transfer, or the facilitation 

of the divestment or transfer, of debt or 

equity of Investrade Portfoy Yonetimi 

Anomim Sirketi (Investrade Portfoy), 

and any entity in which Investrade 

Portfoy owns, directly or indirectly, a 50 

percent or greater interest (‘‘Covered 

Debt or Equity’’), to a non-U.S. person 

are authorized through 12:01 a.m. 

eastern standard time, November 21, 

2024: 

(b) Except as provided in paragraph 

(e) of this general license, all 

transactions prohibited by the GTSR 

that are ordinarily incident and 

necessary to facilitating, clearing, and 

settling trades of Covered Debt or Equity 

that were placed prior to 4:00 p.m. 

eastern daylight time, October 7, 2024, 

are authorized through 12:01 a.m. 

eastern standard time, November 21, 

2024. 

(c) Except as provided in paragraph 

(e), all transactions prohibited by the 

GTSR that are ordinarily incident and 

necessary to the wind down of 

derivative contracts entered into prior to 

4:00 p.m. eastern daylight time, October 

7, 2024, that (i) include a blocked 

person described in paragraph (a) of this 

general license as a counterparty or (ii) 

are linked to Covered Debt or Equity are 

authorized through 12:01 a.m. eastern 

standard time, November 21, 2024, 

provided that any payments to a 

blocked person are made into a blocked 

account in accordance with the GTSR. 

(d) Paragraph (a) of this general 

license does not authorize: 

(1) U.S. persons to sell, or to facilitate 

the sale of, Covered Debt or Equity to, 

directly or indirectly, any person whose 

property and interests in property are 

blocked; or 

(2) U.S. persons to purchase or invest 

in, or to facilitate the purchase of or 

investment in, directly or indirectly, 

Covered Debt or Equity, other than 

purchases of or investments in Covered 

Debt or Equity ordinarily incident and 

necessary to the divestment or transfer 

of Covered Debt or Equity as described 

in paragraph (a) of this general license. 

(e) This general license does not 

authorize any transactions otherwise 

prohibited by the GTSR, including 

transactions involving any person 

blocked pursuant to the GTSR, other 

than the blocked persons described in 

paragraph (a) of this general license, 

unless separately authorized. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

Dated: October 7, 2024. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2024–24734 Filed 10–23–24; 8:45 am] 

BILLING CODE 4810–AL–P 


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