Switzerland has renewed sanctions against 18 members of the Venezuelan government initially imposed in March 2018 for “human rights violations, and the undermining of the rule of law and democratic institutions”, including a “lack of legitimacy” in the electoral process. The sanctions were imposed in alignment with EU sanctions implemented in early 2018 (see post […]
President Trump has signed an Executive Order “Blocking Property of the Government of Venezuela”, which imposes further sanctions on the Venezuelan government, and on those who provide material support to the Maduro regime. The Order authorises the Secretary of the Treasury, in consultation with the Secretary of State, to block all property and interests in […]
The US has listed Rafael Enrique Bastardo Mendoza, Commander of Venezuela’s Police Special Forces (the FAES), and Ivan Rafael Hernandez Dala, Commander of Military Counter Intelligence (the DGCIM) in response to “gross violations of human rights”. The violations have been detailed in a report (5 July 2019) published by the UN High Commissioner for Human […]
A report by Spanish newspaper ABC has suggested that the Venezuelan administration has created a scheme to turn tax revenue generated from Maiguetia International Airport, Caracas into Bitcoin through a digital wallet app in efforts to circumvent US sanctions. The app, Jetman Pay, which is registered in Florida under the name BCDA Aeronautical Solutions LLC, […]
General Licence 8B “authorising transactions involving PdVSA for certain entities operating in Venezuela” has been issued to replace and supersede General Licence 8A. General Licence 8B extends the expiry of the licence to 25 October 2019.