Wade Weems Discusses Business Challenges of Navigating Venezuela’s Complex Sanctions and More
Octus Radio
Navigating U.S. Company Strategies in Venezuela amidst Shifting Sanctions Landscape
The chapter explores the impact of OFAC's license on U.S. companies engaging with Venezuela's State Oil Company, discussing changes in U.S. policy towards Venezuela and implications for oil and gas transactions. It emphasizes the need for businesses to understand new general licenses, implement compliance programs, and prepare for evolving sanctions risks in Venezuela.
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