LexBlog Venezuela
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Latest documents
- OFAC Issues General Licenses Authorizing Activity in Venezuelan Telecommunications Sector
On August 21, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued General License (GL) 61 and GL 62, respectively authorizing the provision of U.S. goods, technology, software, and services in support of telecommunications in Venezuela, and the negotiation of and entry into contingent contracts for new investment in the telecommunications sector of...
- OFAC Continues Venezuela Sanctions Relief with Authorizations for Aircraft Safety, Earthquake Relief, and Easing of General License Governing Law Requirements
On June 18, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued General License (GL) 59, authorizing the provision of goods, technology, software, or services relating to aircraft of Venezuela’s state-owned airline, Consorcio Venezolano de Industrias Aeronáuticas y Servicios Aéreos, S.A. (Conviasa). Separately, OFAC recently amended seven existing Venezuela-related GLs...
- Venezuela’s Oil Reform Efforts: New Opportunities, Unanswered Questions – U.S. Investor Perspective
Over the last several months, Venezuela’s interim government has moved swiftly to reopen the country’s oil sector to private investment, amending the Organic Hydrocarbons Law and enacting implementing regulations just last week. There is little doubt that the reformed law includes many positive changes to encourage new investment: it ends PDVSA’s decades-long monopoly on primary...
- Restructuring Venezuela’s Sovereign Debt and Rebuilding Its Economy Post-Maduro
There has been a certain ebullience in market sentiment toward Venezuela since the capture in early January of former Venezuelan president Nicolás Maduro by U.S. military forces. Venezuelan sovereign and PDVSA bonds rallied sharply as investors anticipated that a political transition might finally pave the way for long-delayed debt restructuring negotiations. The rally has continued...
- Registering a Trademark in Venezuela: What International Businesses Need to Know
Registering a Trademark in Venezuela: What International Businesses Need to Know Venezuela is seeing more trademark filings from international companies than it has in years. The reason is not complicated. As Venezuela moves toward some degree of economic normalization, and as its relationship with the United States and the broader global community continues to shift,...
- Venezuela and Colombia: Immigration Options for Global Employers Renewing Business Activity in the Region (Video Chat)
Our attorneys examine how Venezuela and key neighboring jurisdictions—particularly Colombia—are reshaping immigration, employment, and workforce compliance frameworks in response to renewed business activity in the region. The panel explores evolving visa pathways, transnational teleworking models, and employer obligations under Colombian and Venezuelan law, highlighting how these developments are influencing mobility strategies, cross‑border staffing structures, and...
- OFAC Issues General Licenses Authorizing Certain Venezuelan Commercial and Banking Transactions
On April 14, 2026, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued two general licenses in the continuing relaxation of certain sanctions involving Venezuela. These new general licenses authorize certain commercial and banking transactions in the country. Venezuela General License 56, “Authorizing Commercial-Related Negotiations of Contingent Contracts with the Government of...
- A Cash Shortage During Hyperinflation: One Economist’s Account of What Socialism Did to Venezuela
Editor’s Note: Daniel Di Martino, a fellow at the Manhattan Institute, PhD candidate in economics at Columbia University, and founder of the Dissident Project, brought a personal and policy-driven perspective to his lecture at Texas A&M on Venezuela’s economic collapse, hyperinflation, mass displacement, and the long institutional shadow of socialism. While his remarks were political...
- Cuando la disciplina enfrenta la fragilidad humana
La Lcda. Daisy Calcaño López presenta Reflexiones sobre empatía, proporcionalidad y humanidad en los procesos disciplinarios, abordando el balance entre la disciplina profesional y la fragilidad humana en la abogacía.
- El alcance del poder disciplinario frente al indulto: una reafirmación doctrinal en In re Wanda Vázquez Garced
La Lcda. Daisy Calcaño López examina el alcance del poder disciplinario del Tribunal Supremo frente al indulto, destacando que la clemencia ejecutiva no elimina la responsabilidad ética profesional.
Featured documents
- Venezuelan Supreme Court Suspends Government Order With Regard to Private Cable Channel Registration
The Supreme Court of Venezuela has backed the independence of privately owned station Radio Caracas Television and other similarly situated media, suspending the government’s order that they register as “national producers”. If the order had gone into effect, Venezuela’s President, Hugo Chavez,...
- Carnival-Owned AIDA Cruises Pulls Out of Margarita Island, Venezuela After Murder of Passenger
Today there is a report in El Universal newspaper that German cruise line AIDA Cruises announced the suspension of its two next port calls on Margarita Island, Venezuela. Last week we reported that a 76 year old passenger was shot and killed while ashore on an excursion from the Aida Luna cruise...
- OFAC Warns that Venezuela’s Proposed Digital Currency May Violate U.S. Sanctions
On January 19, 2018, the U.S. Office of Foreign Assets Control (OFAC), in response to a question, warned that a U.S. person’s acquisition of, or dealing in, a cryptocurrency that Venezuela intends to issue in the future may violate OFAC sanctions. In an effort to refinance the country’s soaring...
- Certain Transactions with the Government of Venezuela are Authorized
On November 5, 2019 the Office of Foreign Assets Control (OFAC) issued two General Licenses (GLs) authorizing specific transactions involving the Government of Venezuela and categories of persons blocked by Executive Order 13884 (E.O. 13884). E.O. 13884 was signed by President Donald Trump earlier...
- Venezuela TPS – Extension Vacated – More Details on February 1
Ver la versión en español aquí. Last week, we posted about the Biden administration’s January 17 extension of Temporary Protected Status (TPS) for El Salvador, Venezuela, Ukraine, and Sudan. On January 28, new Secretary of Homeland Security Kristi Noem vacated the notice extending the TPS...
- Things I found when I created a new tag — "Trump and Venezuela" — and went back into the archive to add it to old posts.
From the Althouse archive: August 2017: Trump said: “I’m not going to rule out a military option…. Venezuela is a mess. We have many options for Venezuela, including a possible military option if necessary.” March 2018: When anti-Trumpers were interpreting Trump’s handshake with...
- OFAC Issues Venezuela General Licenses Authorizing Certain Oil-Related Activities
Following the removal of Venezuelan President Nicolás Maduro on January 3, 2026, the Trump administration has taken actions to expand Venezuela-related oil trade and investment opportunities, primarily for U.S. companies. Continue reading →...
- There’s More Than One Way to Fix An Election
During my trip to Venezuela earlier this year as part of a delegation of the American Society of Newspaper Editors, I was apparently put on the Ministry of Information mailing list because, ever since my return, I've gotten 2-3 press releases a day. Most get deleted immediately, but given our own...
- Whistleblowing – what protection do employees have in Venezuela?
There is no legal protection for whistleblowers in Venezuela and it is not common in practice. However, many transnational and local companies in Venezuela have policies and code of conducts protecting those who step up and expose Corruption, fraud, mismanagement, breaches of legal obligations....
- OFAC Announces New Venezuela-Related Designations
On 5 January 2018, OFAC designated four current or former Venezuelan government offcials pursuant to EO 13692 for their alleged role in undermining electoral processes, media censorship, or corruption in government-administered food programs in Venezuela. Included among the individuals designated...
