By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

US issues general licences for Venezuela Government contracts and bank transactions

15 April 2026

US issues general licences for Venezuela Government contracts and bank transactionsZafer Kurt/Shutterstock.com

The US has issued 2 general licences under its Venezuela Sanctions Regulations (31 CFR § 591). GL 56 authorises commercial-related negotiations of contingent contracts with the Venezuelan Government. Contracts may include executory contracts, agreements...

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Regimes / Regions

Sanctioning States

Maya Lester KC
By Maya Lester KC

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 rights & civil liberties. She has a particular expertise in sanctions. She is the…

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