Regulatory Alerts2026-02-13 | 20260213Issuance of Venezuela-related General Licenses
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 49 to authorize negotiations and entry into contingent contracts for certain investments in Venezuela. OFAC also issued General License 50 to authorize transactions related to oil or gas sector operations in Venezuela for certain entities. These licenses were released on February 13, 2026, to facilitate specific economic activities within the Venezuelan energy and investment sectors.
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