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Venezuela-related General License and FAQs

April 17, 2024

OFAC has posted a Notice that it has issued Venezuela-related General License 44A, “Authorizing the Wind Down of Transactions Related to Oil or Gas Sector Operations in Venezuela."

Additionally, OFAC published an updated, related document "Frequently Asked Questions Related to the Suspension of Certain U.S. Sanctions with Respect to Venezuela on October 18, 2023."

First published on 04/17/2024

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