Taking Additional Steps To Address the National Emergency With Respect to Venezuela
Jan 30, 2019
Signed by: Donald Trump
Signed on: Jan 25, 2019
Published on: Jan 30, 2019
Jan 30, 2019
Signed by: Donald Trump
Signed on: Jan 25, 2019
Published on: Jan 30, 2019
Summary
Changes the definition of 'Government of Venezuela' to include more groups, like the Central Bank, PDVSA, and members of the Maduro regime.
What problem does this solve?
The Maduro regime in Venezuela is violating human rights and trying to weaken the country's rightful leaders. This order expands the definition of the 'Government of Venezuela' to make it easier to take action against those involved with the regime.
What does this order do?
Redefines 'Government of Venezuela'
Amends five previous executive orders to expand the definition of the 'Government of Venezuela.' The new definition includes the Central Bank, the state oil company PDVSA, and any person acting for the Maduro regime.
Who does this affect?
- Venezuelan government officials
- People of Venezuela
- U.S. entities with ties to Venezuela
What is the real world impact?
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Increases pressure on the Maduro regime
Expands the definition of the 'Government of Venezuela' to allow for broader application of sanctions. This action aims to increase economic and political pressure on the Maduro regime, weaken its control, and support the opposition government recognized by the United States.
When does this start?
This order becomes effective on January 25, 2019.