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SMB: Sanctions Update to the Venezuela Regime

13 Nov 2023 13:45 | Anonymous

Council Implementing Regulation (EU) 2023/2500 of 10 November 2023 implementing Regulation (EU) 2017/2063 concerning restrictive measures in view of the situation in Venezuela

Council Decision (CFSP) 2023/2498 of 10 November 2023 amending Decision (CFSP) 2017/2074 concerning restrictive measures in view of the situation in Venezuela

On 10 November 2023 the Council of the European Union reviewed the restrictive measures in place in accordance with Article 17(4) of Regulation (EU) 2017/2063. Based on that review, the restrictive measures against all persons in the list set out therein, with the exception of one deceased person, should be renewed until 14 May 2024, and the statement of reasons for 16 persons should be updated. Annex IV to Regulation (EU) 2017/2063 has been amended accordingly.

Moreover, the Council has also reviewed the restrictive measures in place in accordance with Article 13 of Decision (CFSP) 2017/2074. Based on that review, the restrictive measures, including all designations, with the exception of one deceased person, should be renewed until 14 May 2024, and the statement of reasons for 16 persons should be updated as well. Decision (CFSP) 2017/2074 has been amended accordingly.

               

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