Venezuela-related General License 60, "Authorizing Transactions Related to Earthquake Relief Efforts in Venezuela."

Date issued: Jun. 25 2026

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TURBOFAC Commentary (98 words)

Notes:

1) This GL, issued in response to two major earthquakes in northern Venezuela on the same day, is extremely broad vis-à-vis most other Venezuela-related GLs insofar as it licenses against the entirety of the VSR and authorizes all transactions "related to" -- broader than "ordinarily incident and necessary" -- earthquake relief efforts in Venezuela. The interpretive note confirms that U.S. person involvement in covered transactions can be limited to circumstances in which U.S. persons are acting in an ancillary capacity with respect to underlying transactions that do not otherwise involve U.S. persons. Compare Syria General License 23.