Ofac Issues New Licenses that Authorize Telecommunications Operations in Venezuela
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5 Articles
The U.S. Treasury Department's Office of Foreign Asset Control (OFAC) released two new general licenses related to Venezuela on Friday: General License 61 and General License 62, focusing on the telecommunications sector. General License 61 authorizes U.S. individuals (and transactions from the U.S.) to carry out ordinary incidental operations necessary for the supply of goods, technology, software or services intended for the installation, main…
U.S. Flexibility Sanctions and Authorizes Telecommunications Operations in Venezuela · Global Voices
The authorization includes operations with Venezuelan state agencies such as the National Telecommunications Commission (Conatel) and the Venezuelan National Telephone Company (Cantv), provided that the contracts comply with the conditions established by Washington. The post U.S. flexible sanctions and authorizes telecommunications operations in Venezuela appeared first on EL NATIONALA.
The U.S. Treasury Department’s Office of Foreign Asset Control issued General License No. 61 on Friday. The document authorizes transactions related to goods, technology and telecommunications services for Venezuela. The measure includes operations with state entities such as the Venezuelan National Telephone Company (Cantv) and the National Telecommunications Commission (Conatel). The licenses cover the installation, maintenance, repair, operat…
www,finanzasdigital.com The United States issued two new licenses that partially relax the sanctions regime on Venezuela and allow U.S. companies to operate telecommunications infrastructure and... The post U.S. flexible sanctions for the telecommunications sector in Venezuela appeared first on Digital Finance.
The Office of Foreign Assets Control (OFAC), attached to the U.S. Treasury Department, issued two new general licenses authorizing operations with Conatel and Cantv to support the telecommunications sector in Venezuela. This is the General License of Venezuela 61, which allows the supply of certain items and services related to telecommunications, and the General License of Venezuela 62, which authorizes negotiations and the conclusion of contin…
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