By Maya Lester KC & Michael O’Kane

US Treasury statement on humanitarian aid to sanctioned countries

The US Treasury has issued a statement emphasising its support for the flow of humanitarian aid to countries affected by the Covid-19 pandemic, and reiterating its broad exemptions for medical supplies and equipment to countries including Iran, Venezuela, Syria and North Korea. For transactions not already exempt through existing general and specific licences, OFAC says it is prepared to issue …

IranIran SyriaSyria VenezuelaVenezuela North KoreaNorth Korea United StatesUnited States

About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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