US eases sanctions on Venezuela central bank via licence
→Permitted transactions allowed only within licence scope
Change
The US issued a licence allowing limited commercial transactions with Venezuela’s central bank and specified state-owned banks.
Why it matters
Transactions are authorised only if they meet licence conditions, while all other dealings remain prohibited under sanctions.
Implications
- → Selective transactions allowed — compliance checks required
- → Sanctions risk persists — off-scope dealings prohibited
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Source
View on The Hindu