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OFAC Removes Guatemala-Related Entries From SDN List

The Office of Foreign Assets Control on Jan. 17 deleted nine Guatemala-related entries on its Specially Designated Nationals List, including entries relating to the Guatemalan Nickel Company, also known as Compania Guatemalteca de Niquel. The entity was designated in 2022…

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for being a subsidiary of Russia-based Solway Investment group, which OFAC said has “exploited” Guatemalan mines for years. The agency didn’t provide more information on the reasons for the delistings.