Regulatory Alerts2026-03-27 | 20260327_33Issuance of New and Amended Venezuela-related General Licenses
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General Licenses 51A, 54, and 55 on March 27, 2026. These licenses authorize certain activities involving Venezuelan-origin minerals, including gold, as well as the supply of items and services for related operations. Additionally, the regulations permit negotiations and entry into contingent contracts for specific investments in Venezuela's minerals sector.
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