US Sanctions Against Venezuela | Practical Law

US Sanctions Against Venezuela | Practical Law

A Practice Note discussing the US economic and trade sanctions against Venezuela, including the designation of Petróleos de Venezuela, S.A. (PdVSA) to the Specially Designated Nationals and Blocked Persons List (SDN List) in January 2019 and the subsequent blocking of all property of the Venezuelan government in August 2019. This Note discusses the Office of Foreign Assets Control's (OFAC) sanctions programs in general, the background of and legal framework for the US sanctions on Venezuela, and the US sanctions and export controls that are currently in place on Venezuela.

US Sanctions Against Venezuela

Practical Law Practice Note w-019-4205 (Approx. 37 pages)

US Sanctions Against Venezuela

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Practice Note discussing the US economic and trade sanctions against Venezuela, including the designation of Petróleos de Venezuela, S.A. (PdVSA) to the Specially Designated Nationals and Blocked Persons List (SDN List) in January 2019 and the subsequent blocking of all property of the Venezuelan government in August 2019. This Note discusses the Office of Foreign Assets Control's (OFAC) sanctions programs in general, the background of and legal framework for the US sanctions on Venezuela, and the US sanctions and export controls that are currently in place on Venezuela.