US Treasury makes it easier to do business with Venezuela

The US Treasury Department has published three general licenses that simplify certain transactions with Venezuela. These licenses were already available online, but their official publication in the Federal Register makes them legally binding.

These licenses clarify what US companies and individuals can and cannot do when dealing with Venezuela. This reduces legal uncertainty for those engaging in specific types of trade or humanitarian efforts. It also signals a slight easing of the strict sanctions regime, even if the changes are minor.