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United States Imposes New Sanctions on Venezuela
28 August 2017
View Client Update
On Friday, the Trump administration imposed sanctions on Venezuelan government entities, including the Venezuelan oil company PdVSA.
The sanctions bar certain transactions in equity and debt, including existing securities in some cases.
General licenses create some carve-outs from the sanctions, including for transactions with CITGO and transactions involving certain pre-existing Venezuelan bonds.
International Economic Sanctions & OFAC Compliance
White Collar & Regulatory Defense
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