On 7 April 2014, OFAC published a final rule amending the Iranian Transactions and Sanctions Regulations (“ITSR”) to facilitate the exportation of agricultural commodities and replacement parts for medical devices. The rule expands the categories of merchandise that may be exported without a specific license, by authorising the exportation of most agricultural commodities as well as certain replacement parts for medical devices. OFAC has updated the Frequently Asked Questions on its website to reflect these changes.

Notice of Final Rule (PDF)

Updated FAQs