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 Issuance of Venezuela-related Executive Order and Associated General Licenses

The President issued Executive Order (E.O.) of August 24, 2017, "Imposing Additional Sanctions with Respect to the Situation in Venezuela." Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) published four Venezuela-related general licenses: 

These general licenses authorize certain transactions that would otherwise be prohibited under the new E.O.  OFAC is also publishing a number of related Frequently Asked Questions.

Last Updated: 8/29/2017 3:21 PM