Venezuela General License 24 - Certain Transactions Involving the Government of Venezuela Related to Telecommunications and Mail Authorized

Date issued: Aug. 05 2019

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TURBOFAC Commentary (363 words)

Notes:

1) For comments on this GL and others that are substantially similar, refer to General Note on General Licenses for Transactions Related to Telecommunications and Mail.

*General Note re: The Relationship Between Venezuela-related Loose-leaf GLs and 591.404 (Transactions ordinarily incident to a licensed transaction)

Prior to November, 2019, 591.201 (“Prohibited transactions”) only prohibited transactions within the scope of EO 13692. Because of that, this provision did not, as a technical matter, apply to transactions ordinarily incident to any Venezeula-related general license, except insofar as the otherwise prohibited transactions licensed were (i) prohibited by EO 13692, or (ii) prohibited by another Venezuela-related EO and explicitly licensed in the VSR. Prior to November, 2019, (ii) only applied to the legal services and emergency medical services GLs contained...