Venezuela General License 54A - Authorizing the Supply of Certain Items and Services for Minerals Operations in Venezuela (June 10, 2026)

Date issued: Jun. 10 2026

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (252 words)

Notes:

[6-10-26 update – GL 46C, 47A, 48B, 50B, 51B, 52A, and 54A issued to amend the “governing law and dispute resolution” provision to specify the governing law can be state or other jurisdiction within the United States and that dispute resolution may occur in the UK, France or Singapore. See FAQ # 1260]

--

Consolidated Comment on Venezuela General License 54 and Venezuela General License 55

Venezuela Venezuela General License 51A broadly authorizes transactions “ordinarily incident and necessary to the exportation, reexportation, sale, resale, supply, storage, purchase, delivery, or transportation of Venezuelan-origin minerals, including gold”. This excludes “[e]xploration, development, mining, extraction, processing, refining, or production of minerals in Venezuela or the formation of joint ventures or other entities in Venezuela to engage in” such activities....