Blocking Property of Additional Persons Contributing to the Situation in Venezuela

What it means

This order blocks assets and suspends entry to the U.S. for individuals involved in Venezuela's gold sector and those engaged in corrupt transactions with Venezuela's government. It targets those plundering Venezuela's wealth while contributing to economic mismanagement and the regional migration crisis.

Expected impact

• Increased economic pressure on Venezuela's Maduro regime by targeting its gold sector, a key source of revenue
• Potential deterrence for businesses and individuals who might otherwise engage with Venezuela's government or its resource sectors
• Greater isolation of corrupt Venezuelan officials and their associates from the U.S. financial system
• Support for regional stability by addressing one factor in Venezuela's economic crisis
• Possible redirection of Venezuelan resource management toward more sustainable practices