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The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5k, “Authorizing Certain Transactions Related to the Petroleos de Venezuela,
S.A. 2020 8.5 Percent Bond on or After July 20, 2023.” OFAC is also amending one Venezuela-related Frequently Asked Question (595). Additionally, the following update and additions have been made to OFAC’s
list of Specially Designated Nationals:

On By James Dreher

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