OFAC FAQ 7
Can I get permission from OFAC to transact or trade with an embargoed country? (version of 2023-03-22)
Cite as OFAC FAQ 7 (version of 2023-03-22)
Question: Can I get permission from OFAC to transact or trade with an embargoed country?
Answer: OFAC usually has the authority by means of a specific license to permit a person or entity to engage in a transaction which otherwise would be prohibited. In some cases, however, legislation may restrict that authority.
To apply for a specific license, please go to our
License Application Page
.
- Cross-references to the CFR
- https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-501/subpart-E/section-501.80131 C.F.R. 501.801