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  • Article

    FSB Warns Firms About Conducting Business In Venezuela

    Financial institutions are warned to exercise the appropriate caution when conducting business in Venezuela.
    VenezuelaFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Legal Risks Associated With Accelerated Investment Opportunities In Venezuela

    The Government Enforcement Defense & Investigations (GEDI) team at Foley has been closely monitoring the developing situation in Venezuela. Prior to the recent arrest of Nicolás Maduro, this included the designation...
    VenezuelaInternational Law
    Foley & Lardner LLP
    Foley & Lardner LLP
Article

Venezuela Officially Withdraws From The International Centre For The Settlement Of Investment Disputes (ICSID)

The Venezuelan Minister of the People's Power for Foreign Affairs announced that on 24 January 2012, Venezuela denounced the Convention for the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention).
VenezuelaInternational Law
Hoet Pelaez Castillo & Duque
Hoet Pelaez Castillo & Duque
  • Article

    OFAC Again Extends Venezuela General License To Continue Authorization Of Limited Transactions Involving PdVSA And Winding Down Of Operations For Certain Entities

    On November 24, 2021, the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 8I.
    VenezuelaInternational Law
    Thompson Hine LLP
    Thompson Hine LLP
  • Article

    Trade Alert: OFAC Issues New General License Authorizing Certain Venezuela Oil Transactions

    On January 29, 2026, the U.S. Department of the Treasury Office of Foreign Assets Control ("OFAC") issued Venezuela General License 46 ("GL 46") authorizing certain commercial activities...
    VenezuelaInternational Law
    Torres Trade Law, PLLC
    Torres Trade Law, PLLC
  • Article

    April 2 Tariff Package Includes Novel "Secondary Tariffs" On Countries Importing Venezuelan Oil And Petroleum Products

    On March 24, 2025, President Trump issued an Executive Order (EO) authorizing the imposition of a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly imports...
    VenezuelaInternational Law
    Steptoe LLP
    Steptoe LLP
  • Article

    Trump Imposes Novel "Secondary Tariffs" On Countries Importing Venezuelan Oil And Petroleum Products

    On March 24, 2025, President Trump issued an Executive Order (EO) authorizing the imposition of a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly imports...
    VenezuelaInternational Law
    Steptoe LLP
    Steptoe LLP
  • Article

    Venezuela Plans to Nationalize Telecommunications and Electricity Sectors

    President Hugo Chávez yesterday announced his policy for his third term in office. He heralded a "new era" in the transformation of Venezuela to socialism: the "Simón Bolívar national project 2007-2021." The project contemplates the nationalization of strategic industry sectors, such as telecommunications and electricity, through special powers to be sought from the Legislature.
    VenezuelaLitigation, Mediation & Arbitration
    Latham & Watkins
    Latham & Watkins
  • Article

    Venezuela Announces Changes To Currency Exchange System

    The Central Bank of Venezuela published Exchange Agreement No. 35 in Official Gazette No. 40,865 of March 9, 2016, establishing the rules governing the foreign exchange administration regime (Exchange Agreement No. 35).
    VenezuelaFinance and Banking
    Norton Rose Fulbright
    Norton Rose Fulbright
  • Article

    OFAC Expands Venezuela Sanctions Relief: New General Licenses 56 And 57, And Guidance On Reporting Obligations

    On April 14, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 56...
    VenezuelaInternational Law
    Crowell & Moring LLP
    Crowell & Moring LLP
  • Article

    Sanctions On Venezuela Ease, But Legal Risk And Cross-border Complexity Persist

    On January 29, 2026, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) initiated a notable, but carefully tailored, easing of US sanctions targeting Venezuela's oil sector.
    VenezuelaInternational Law
    McDermott Will & Schulte
    McDermott Will & Schulte
  • Article

    Continued Calibration In Venezuela Sanctions: New OFAC Licenses Expand Access While Tightening Execution Controls

    The U.S. Treasury's Office of Foreign Assets Control has issued new general licenses that expand opportunities for contingent contracting with Venezuela's government and authorize limited financial services involving key Venezuelan banks.
    VenezuelaInternational Law
    Lewis Brisbois Bisgaard & Smith LLP
    Lewis Brisbois Bisgaard & Smith LLP
  • Article

    Venezuela’s Future In Limbo After Catastrophic Quakes

    Venezuela’s devastating June 24 earthquakes have transformed a delicate post-Maduro transition into a high-stakes test of the Trump administration’s strategy to maximize US influence.
    VenezuelaGovernment, Public Sector
    Steptoe LLP
    Steptoe LLP
  • Article

    Continued Shakeup In Venezuela Sanctions: New OFAC Licenses And FAQs Expand Opportunities While Raising Compliance Stakes

    The U.S. Treasury Department's Office of Foreign Assets Control has issued a series of new general licenses and FAQs that significantly expand opportunities for U.S. companies to engage with Venezuela's...
    VenezuelaInternational Law
    Lewis Brisbois Bisgaard & Smith LLP
    Lewis Brisbois Bisgaard & Smith LLP
  • Article

    Venezuela Enacts New Organic Law Of Mines: Key Takeaways For Investors And Mining Operators

    On April 16, 2026, Venezuela enacted and published the new Organic Law of Mines (the “Amended Mining Law”), which transforms its legal framework governing mining activities and repeals both the prior Decree...
    VenezuelaEnergy and Natural Resources
    Mayer Brown
    Mayer Brown
  • Article

    Venezuela's New Currency Exchange Law

    The Presidency of the Republic published in the Official Gazette No. 6,210 Extraordinary, dated December 30, 2015, Decree No. 2,167, with Rank, Value and Force of Law, against Exchange Control Violations.
    VenezuelaFinance and Banking
    Norton Rose Fulbright
    Norton Rose Fulbright
  • Article

    Proposal For Constitutional Reform

    The President of the Republic in his official address to the Nation on August 15, 2007, presented his proposal for the reform of 33 articles of the Constitution of the Bolivarian Republic of Venezuela.
    VenezuelaInternational Law
    Baker & McKenzie
    Baker & McKenzie
  • Article

    International Loans To Venezuela And Issues Of Debt Securities

    This article is intended to provide the international lawyer with an outline of the Venezuelan legal requirements for international loans granted to the Bolivarian Republic of Venezuela (the "<U>Republic</U>") and issues of debt securities by the Republic. The focus is on international and not domestic debt transactions.
    VenezuelaInternational Law
    D'Empaire Reyna Abogados
    D'Empaire Reyna Abogados
  • Article

    Ley Del Régimen Cambiario Y Sus Ilícitos

    En Gaceta Oficial de la República Bolivariana de Venezuela N° 6.210 Extraordinario del 30 de diciembre de 2015, fue publicado el Decreto con Rango, Valor y Fuerza de Ley del Régimen Cambiario y sus Ilícitos.
    VenezuelaFinance and Banking
    InterJuris Abogados, S.C.
    InterJuris Abogados, S.C.
  • Showing 1–19 of 19 results

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