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Policy for Activities related to the Export or Re-export to Iran of Commercial Passenger Aircraft and Related Parts and Services

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16 Jan 2016

The U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) has issued the “Statement of Licensing Policy for Activities related to the Export or Re-export to Iran of Commercial Passenger Aircraft and Related Parts and Services” consistent with the U.S. commitment with respect to sanctions reflected in JCPOA. The Statement of Licensing Policy establishes a favorable licensing policy under which U.S. and non-U.S. persons may engage in certain transactions for the sale of commercial passenger aircraft and related parts and services to Iran. The Statement can be accessed here.