US amends Venezuela-related General Licenses to authorise transactions, activities, and contracts related to Venezuela’s coal sector

4 September 2026

US amends Venezuela-related General Licenses to authorise transactions, activities, and contracts related to Venezuela’s coal sectorZafer Kurt/Shutterstock.com

The US has amended 3 Venezuela-related General Licenses by replacing GLs 51C, 54B and 55 with GLs 51D, 54C, and 55A. The GLs authorise transactions that would otherwise be prohibited by the Venezuela Sanctions...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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