By Maya Lester QC & Michael O’Kane

OFAC issues Venezuela GL 40A

OFAC has issued Venezuela-related General Licence 40A, which renews the authorisation until 12 July 2023 of all transactions and activities related to the export or reexport of liquefied petroleum gas to Venezuela, involving the Government of Venezuela, Petróleos de Venezuela, S.A. (PdVSA) or any entity in which PdVSA owns a 50% or greater interest, that are prohibited by Executive Order …

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About Maya Lester QC

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Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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