US eases sanctions on Venezuela central bank via licence

Permitted transactions allowed only within licence scope

Financial Services Sanctions
The Hindu ·
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
The Hindu
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