This statement from the US Department of the Treasury has been published using a machine translation system.

WASHINGTON — On November 26, the United Platform and the Maduro regime announced the resumption of talks in Mexico City; a humanitarian agreement focused on education, health, food security, flood response and electricity programs that will benefit the people of Venezuela; and agreement to continue talks focused on the 2024 elections. Following this announcement and in accordance with U.S. government policy, the Treasury Department’s Office of Foreign Assets Control (OFAC) issued the License General de Venezuela (GL ) 41, authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. This action reflects the long-standing U.S. policy of providing targeted sanctions relief based on concrete actions that alleviate the suffering of the Venezuelan people and support the restoration of democracy.

This clearance prevents PdVSA from receiving profits from Chevron’s oil sales. GL 41 authorizes activities related to Chevron joint ventures in Venezuela only and does not authorize other activities with PdVSA. Other Venezuela-related sanctions and restrictions imposed by the United States remain in place; The United States will vigorously enforce these sanctions and continue to hold accountable any actor who engages in corruption, violates U.S. law, or violates human rights in Venezuela.

GL 41 authorizes transactions normally incidental to and necessary for certain activities related to the operation and management by Chevron Corporation or its subsidiaries of their joint ventures involving the blocked Venezuelan state oil company Petróleos de Venezuela, SA (PdVSA) or any entity of this PdVSA possesses. , directly or indirectly, an interest of 50% or more.

The announcements by the Unity Platform and the Maduro regime are important steps in the right direction to restore democracy to the country. The United States welcomes and supports the reopening of negotiations between the United Platform and the Maduro regime, as part of our long-standing policy of support for the peaceful restoration of democracy, free and fair elections, and respect for human rights. rights and freedoms of Venezuelans.

Concurrent with the publication of Venezuela GL 41, OFAC also issued public guidance stating that US persons are permitted to supply goods and services for certain activities as specified in GL 41 and that non-US persons are generally not exposed to US sanctions. to facilitate transactions authorized by GL 41. In light of Venezuela’s GL 41, OFAC also extended Venezuela’s GL 8K and removed Chevron from that license.

Read Venezuela 41 General License and Venezuela 8K General License.