Issuance of Venezuela-related General Licenses and Amended Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 46B, "Authorizing Certain Activities Involving Venezuelan-Origin Oil or Petrochemical Products;" Venezuela-related General License 48A, "Authorizing the Supply of Certain Items and Services to Venezuela;" and Venezuela-related General License 49A, "Authorizing Negotiations of and Entry Into Contingent Contracts for Certain Investment in Venezuela."

Additionally, OFAC is amending two Frequently Asked Questions, FAQ 1226 and FAQ 1227.