US VENEZUELAN SANCTIONS – NEW FAQ, GENERAL LICENSES AND OFAC ADVISORY ON HUMANITARIAN SUPPORT

On 6th August, the US Treasury issued –

  • A Notice about a new Executive Order imposing a more general full import/export economic embargo on Venezuela;
  • A news release and OFAC Guidance “Related to the Provision of Humanitarian Assistance and Support to the Venezuelan People”. This also refers to several General Licenses that facilitate humanitarian support in the sense of remittances, food, medicine, Internet, telecommunications and mail, and the work of NGO and international organisations;
  • 12 amended and 13 new General Licenses; and
  • 3 new FAQ (nos. 679-681).

https://www.treasury.gov/resource-center/sanctions/Programs/Documents/20190805_venezuela_eo.pdf

https://home.treasury.gov/news/press-releases/sm752

https://www.treasury.gov/resource-center/sanctions/Programs/Documents/20190805_vz_humanitarian_guidance.pdf

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20190806.aspx

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_other.aspx#679

 

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s