US: NEW VENEZUELA-RELATED SANCTIONS GENERAL LICENSE AND ASSOCIATED FAQ

On 17 April, OFAC advised that it had issued General License 44 (Authorizing the Wind Down of Transactions Related to Oil or Gas Sector Operations in Venezuela) as well as an updated version of FAQ related to the suspension of certain US sanctions with respect to Venezuela on 18 October 2023.

https://ofac.treasury.gov/media/932826/download?inline

https://ofac.treasury.gov/media/932821/download?inline

IF YOU WOULD LIKE TO MAKE A (VERY) MODEST CONTRIBUTION FOR MY TIME AND COSTS, YOU CAN “BUY ME A COFFEE”

CONTRIBUTIONS START FROM JUST $3

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 comment