OFAC AMENDS VENEZUELAN GENERAL LICENSE AND ISSUES IDENTIFICATION DETAILS OF A NUMBER OF AIRCRAFT ADDED TO THE SANCTIONS LISTS

On 21 January, OFAC advised that General License 20B (“Authorizing Official Activities of Certain International Organizations Involving the Government of Venezuela”) had been reissued in amended form, and that 15 aircraft (13 executive or business jets and 2 turboprop aircraft) had been added to the Venezuelan sanctions lists.  The aircraft are said to be the property of Petroleos de Venezuela, S.A. (PdVSA).

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20200121_33.aspx

https://home.treasury.gov/news/press-releases/sm884

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

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