OFAC Allows Temporary Wind-Down of Rwanda Defence Force Transactions

The Treasury Department’s sanctions office, OFAC, issued a general license that gives people and businesses a short window to close out existing deals with the Rwanda Defence Force or companies it owns half or more of. The license runs through April 1, 2026, at 12:01 a.m. Eastern Daylight Time.

Why it matters: This is a standard administrative wind-down period. Sanctions regimes usually include a grace period so that existing contracts, loans, or supply chains can be settled without violating the rules. The practical effect is limited to parties who already have active financial or commercial ties to the Rwanda Defence Force and need to legally untangle them before the deadline.

Who it affects

• Companies and financial institutions with active contracts, loans, or supply chain ties to the Rwanda Defence Force or its majority-owned subsidiaries

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This action was issued by the Office of Foreign Assets Control at the Treasury Department; readers relying on this license should verify the full text and any updates on OFAC’s website before acting.

Agency: Treasury Department, Foreign Assets Control Office
Source: Federal Register — read the official document