By Maya Lester KC & Michael O’Kane

US issues Venezuela Chevron GL after government & opposition agreement

Following the Venezuelan government and an opposition coalition’s agreement to implement a humanitarian relief program and continue talks on the 2024 elections, OFAC has issued Venezuela-related General License (GL) 41. The GL authorises transactions ordinarily incident and necessary to certain activities related to the operation and management by Chevron Corporation or its subsidiaries of its joint ventures involving US-listed Venezuelan …

VenezuelaVenezuela United StatesUnited States

About Maya Lester KC

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Maya Lester KC is a senior barrister (King’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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