Blocking Property of the Government of Venezuela
Executive Order 2019-17052
|Signed on August 6, 2019
Foreign Policy45th Presidency
What it means
This order blocks all property and assets of Venezuela's government in the US, prohibiting transactions involving these assets. It targets the Maduro regime, citing human rights abuses and interference with Venezuela's legitimate authorities, while supporting Interim President Juan Guaidó.
Expected impact
- Increased economic pressure on the Maduro government by freezing Venezuelan government assets in the US
- Protection for humanitarian aid with exemptions for food, medicine and other supplies meant to relieve suffering
- Potential further isolation of the Maduro regime internationally as the US recognizes Juan Guaidó as Venezuela's legitimate interim president
- Possible complications for companies with business ties to Venezuelan government entities
- Travel restrictions for individuals associated with the blocked entities