OFAC Issues General License for Re-Exportation of Civil Aircraft on Temporary Sojourn to Iran
The Office of Foreign Assets Control issued “General License J,” which authorizes “temporary sojourn” re-exportations by non-U.S. persons of U.S.-origin, fixed-wing civil aircraft, as well as “non-U.S.-origin fixed-wing civil aircraft of which U.S.-controlled content constitutes 10 percent or more of…
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the total value” and that is classified under Export Control Classification Number (ECCN) 9A991.b and registered outside the U.S. or any country in Export Administration Regulations Country Group E:1, which includes Iran, OFAC said (here). The authorizations are subject to certain technical, professional and logistical criteria.