The U.S. authorities have extended the deadline for completing transactions with the Russian holding GAZ Group until 22 January 2021 and set the same deadline for U.S. investors to dispose of its shares. The Office of Foreign Assets Control of the U.S. Treasury Department has issued two so-called general licenses, one of which relates to the extension of the period for divestment of GAZ Group assets, and the other one sets out the terms for extension of transactions with GAZ Group.