Taking Additional Steps To Address the National Emergency With Respect to Venezuela

What it means

This order expands the definition of "Government of Venezuela" in previous executive orders related to sanctions against Venezuela. It specifically targets entities associated with the Maduro regime, addressing human rights violations and attempts to undermine Venezuela's Interim President and National Assembly.

Expected impact

• Strengthens U.S. economic sanctions against Venezuela by broadening which entities can be sanctioned
• Increases pressure on the Maduro government by restricting financial transactions with Venezuelan government entities
• Demonstrates continued U.S. support for Venezuela's opposition leadership and democratic institutions
• May impact U.S. companies doing business with Venezuela, particularly in the energy sector
• Could further strain Venezuela's already struggling economy by limiting its ability to conduct international financial transactions