EEUU levies some sanctions on Venezuela to allow “ordinary activities” in port zones

Tesoro's announcement aims to extend the sanctions imposed by Venezuela in 2018 and 2019 in order to authorize the establishment of a competent jurisdiction
Tesoro’s announcement will include the imposition of Venezuela’s imposition sanctions in 2018 and 2019 to authorize the establishment of a state jurisdiction “Ordinary and necessary operations for the use of ports and airports in Venezuela”. EFE / ADRIAN BRADSHAW / Archive

The Department of Treasury of the United States will issue this March a license that Exemption from the imposition of penalties in Venezuela on certain transactions for ordinary operations of puertos y airport.

Tesoro’s announcement will trigger the imposition of the Venezuelan sanctions in 2018 and 2019 in order to authorize both state jurisdiction “Ordinary and necessary operations for the use of ports and airports in Venezuela”.

Asimismo, the Office of Control of the External Activists of the Treasury (OFAC) authorizes the National Institute of Acute Spaces (INEA) perform operations with the same object to allow the port operation.

The OFAC declares this license does not impose sanctions on any of the Venezuelan officials subject to the measures and does not permit import and export activity.

El Gobierno estadounidense during Donald Trump’s presidency imposed new sanctions on the regime of Nicolás Maduro by violating the human rights and attacking democracy.

United States included in 2020 in its blacklist of sanctions on Venezuelan state airline Conviasa, while many international airlines have started operating in Venezuela due to instability and economic problems.

The President of the United States, Joe Biden (EFE / EPA / Doug Mills)
The President of the United States, Joe Biden (EFE / EPA / Doug Mills)

The decision of the Biden Administration

It was announced that the National Institute of Aquatic Spaces (INEA) of Venezuela would be sanctioned weeks ago.

January 19, Washington contains the INEA in its black list along with various other maritime entities which, according to Dijo, continues to transport Venezuelan crude to the sanctions against the Venezuelan Petroleum State (PDVSA), applied in January 2019 as part of a pressure campaign to save Nicolás Maduro’s power.

The Treasury, which wants to complete the sanctions, says at the moment that a small property of the INEA, the Maksim Gorky of the Russian flag, transporta crudo venezolano y así “facilitates the continuous evasion of sanctions and related activities for PDVSA and the illegitimate regime of Nicolás Maduro”.

This March, the Treasury modifies a license and this change allows any transaction with the INEA that is necessary for the use of ports and airports.

Many international shipping companies in the last few years have been cautious to attract in the Venezuelan ports debated the preoccupations over a possible casting of Washington, dijo a source of the sector a Reuters.

INEA converts in May 2020 to the registered owner of Maksim Gorky, which was previously known as the Ayacucho and was the property of a joint venture between PDVSA and PetroChina which was liquidated under the sanctions.

El Maksim Gorky transported 2 million barrels of Venezuelan crude crude to Asia between September and October 2019, according to an internal document of PDVSA viewed by Reuters and Refinitive Icon.

(With EFE information on Reuters)

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