679. Executive Order 13884 of August 5, 2019, “Blocking Property of the Government of Venezuela,” blocks all property and interests in property of the Government of Venezuela. What does this mean for the Government of the Interim President of Venezuela?
The United States stands with the Venezuelan people and current Interim President of Venezuela Juan Gerardo Guaidó Marquez (“Guaidó”) in opposition to the illegitimate Maduro regime. On January 4, 2021, OFAC issued General License 31A authorizing transactions and activities involving the current Interim President of Venezuela, the IV Venezuela National Assembly seated on January 5, 2016 (“IV National Assembly”), and its Delegated Commission, including respective members and staff, that are otherwise prohibited by E.O. 13884. The authorization also covers transactions and activities prohibited by E.O. 13850, as amended, with respect to certain persons appointed by Guaidó, the IV National Assembly, and its Delegated Commission.
In addition, General License 31A authorizes transactions and activities involving any official, designee, or representative appointed or designated by Guaidó to act on behalf of the Government of Venezuela, including the Special Attorney General, and any staff of the foregoing individuals; any ambassador or other representative to the United States or to a third country appointed by Guaidó, and any staff of such ambassador or representative; any representative to an international organization appointed by Guaidó, and any staff of such representative; any person appointed by Guaidó to the board of directors (including any ad hoc board of directors) or appointed as an executive officer of a Government of Venezuela entity (including entities owned or controlled, directly or indirectly, by the Government of Venezuela); and any other person that is appointed or designated by any of the foregoing persons to act on behalf of the Government of Venezuela.
General License 31A replaced and superseded General License 31, dated August 5, 2019.
January 4, 2021