Venezuela Gl5i
Venezuela Gl5i
Venezuela Gl5i
(a) Except as provided in paragraph (b) of this general license, on or after January 20,
2023, all transactions related to, the provision of financing for, and other dealings in the
Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond that would be prohibited by subsection
l(a)(iii) of Executive Order (E.O.) 13835 of May 21, 2018, as amended by E.O. 13857 of January
25, 2019, and incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the
VSR), are authorized.
(b) This general license does not authorize any transactions or activities otherwise
prohibited by the VSR, or any other part of 31 CFR chapter V.
(c) Effective January 20, 2022, General License No. 5H, dated September 10, 2021, is
replaced and superseded in its entirety by this General License No. 5I.