OFAC General License 56 and Venezuela: What Businesses, Investors, and Commercial Operators Need to Understand
OFAC General License 56 and Venezuela: Legal, Commercial, Tax and Customs Implications International Compliance · Venezuela · Trade & Business OFAC General License 56 and Venezuela: What Businesses, Investors, and Commercial Operators Need to Understand A practical and in-depth review of the legal and commercial significance of General License 56, with special attention to contingent negotiations, contractual structure, risk control, transaction design, and the broader implications for business activity linked to Venezuela. Published: April 15, 2026 Author: CIC Servicios Legales SC Language: English General License 56 marks an important development in the sanctions-related landscape affecting commercial engagement with Venezuela. The central value of this measure lies in the fact that it opens spa...