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OFAC Amends Belarus Sanctions to Extend Authorization of Transactions With 2 Entities

The Office of Foreign Assets Control has issued a final rule, effective November 30, 2010, which amends the Belarus Sanctions Regulations (31 CFR Part 548) to extend the authorization of U.S. persons to engage in otherwise prohibited transactions with two…

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blocked entities, Lakokraska OAO and/or Polotsk Steklovolokno OAO, until May 31, 2011. In addition, OFAC is amending the BSR to make a technical correction to the authority citation.