US Issues Venezuela-Related Licenses for Communication Services, Airline Conviasa
17 Articles
17 Articles
On Thursday, the U.S. Treasury Department issued three new general licenses under the regime of sanctions against Venezuela that allow limited flexibility in operations related to the debt of state oil company PDVSA, civil aviation and telecommunications, without changing the core of the current restrictions.The central measure, published as License No.5, authorizes from August 4, 2026 transactions related to PDVSA's 2020 bond to 8.5 percent, in…
The Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department published on Thursday new general licenses that update and extend limited authorizations for operations related to the Venezuelan government, linked to the debt of state oil company PDVSA, civil aviation and telecommunications, without changing the core of the restrictions in force. The measure includes the General License 5X, which extends until August 4, 2026 the prote…
The U.S. Treasury Department lifted sanctions on Thursday (18.06.2026) against the state airline Conviasa and the telecommunications and mail services of Venezuela, as part of the economic opening strategy for the South American country. General license 59 authorizes “the supply of certain items and services related to the Venezuelan Consortium of Aeronautical Industries and Air Services (Conviasa)”, explained the communiqué of the Office of For…
This Thursday, the United States, through the Treasury Department, issued three new general links to the Chavista administration's sanctions scheme, in which operations related to PDVSA and other key areas such as telecommunications and civil aviation were relaxed in a limited way. Although it does not completely remove the economic restrictions that these sanctions represent, [...] Entry U.S. flexible oil sanctions and extensive licenses relate…
On Thursday, the U.S. Treasury Department issued three new general licenses under sanctions to Venezuela that provide limited flexibility in operations linked to the debt of state oil company PDVSA, civil aviation and telecommunications, without changing the core of the ...
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