OFAC Continues to Delay Effective Date of Venezuela-Related GL
The Office of Foreign Assets Control on Aug. 12 again extended a general license that continues to delay an exemption that would authorize certain transactions related to Petroleos de Venezuela, S.A. General License 5P, which replaced GL 5O, now authorizes…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
certain transactions with PdVSA involving an 8.5% bond on or after Nov. 12. The previous license was set to allow those transactions to occur on or after Aug. 13.