Introduction The current geopolitical environment in Venezuela is continuing to evolve. While the legal and business environment has improved, businesses operating or looking to operate there are still continuing to analyze risks. At the same time, tangible steps are being taken to better position Venezuelan industries for foreign investment, including a recent partial reform of Venezuela’s Organic Hydrocarbons Law. On the US front, sanctions remain in place against the Venezuelan government and Specially Designated Nationals…
We are providing a brief update on the latest developments in the US sanctions targeting Venezuela: To date, the US Department of the Treasury’s Office of Foreign Assets Control has not published any regulatory changes, general licenses, or licensing policies on its website that change current US sanctions. We continue to closely monitor Venezuela sanctions developments and will provide updates on this blog. Please reach out to the authors or any member of our US…
We are closely monitoring the developing situation in Venezuela and are focused on everyone’s safety. Since we are already receiving questions about what this means for US sanctions targeting Venezuela, we wanted to confirm that as of now, there have not been any changes to the US sanctions regime. We will share any updates on this blog both as to US sanctions changes or local Venezuelan reactions, in coordination with our local team. If you…
Trench Rossi Watanabe* is delighted to host an in-person conference: LATAM Trade Day: 100 Days of the Trump Administration – New Trends For International Trade. Along with the Brazilian team, the panels will feature guest speakers from Baker McKenzie from across the US, Europe, Asia and of course Latin America – including colleagues from Colombia, Argentina, Mexico, Peru, Chile and Venezuela. Our inaugural LATAM trade day will provide clients with insights into the latest geopolitical…