Prohibiting Certain Additional Transactions With Respect to Venezuela
Executive Order 2018-11335
|Signed on May 22, 2018
Foreign Policy45th Presidency
What it means
This order prohibits Americans from buying debt owed to Venezuela's government, dealing with debt used as collateral, or handling equity transfers from Venezuelan government-controlled entities. The restrictions target the Maduro regime's economic mismanagement and political repression.
Expected impact
- Further financial pressure on Venezuela's government by cutting off access to American capital and debt markets
- Potential acceleration of Venezuela's economic crisis as the government loses another funding avenue
- Increased diplomatic isolation for the Maduro regime which was already facing international criticism
- Possible humanitarian consequences as Venezuela's economic situation deteriorates further
- Strengthened U.S. stance against authoritarian regimes in Latin America