Venezuela-related Designation; Issuance of Venezuela-related General License 38 and Frequently Asked Question

11/30/2020

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 38, "Authorizing the Wind Down of Transactions Involving CEIEC."  In addition, OFAC is issuing a related new Frequently Asked Question.

SPECIALLY DESIGNATED NATIONALS LIST UPDATE

The following entity has been added to OFAC's SDN List: 

CEIEC (Chinese Simplified: 中国电子进出口总公司) (a.k.a. CHINA NATIONAL ELECTRONIC IMPORT-EXPORT COMPANY; a.k.a. CHINA NATIONAL ELECTRONICS IMPORT AND EXPORT CORPORATION), Block A 6-23F, No. 17 Fuxing Road, Haidian District, Beijing 100036, China; Calle Orinoco, Torre Nordic, Piso 6, Las Mercedes, Caracas 1060, Venezuela; Website https://www.ceiec.com; Registration Number 16382287 (China); Unified Social Credit Code (USCC) 9111000010000106X1 (China) [VENEZUELA]. 
 

Press Release Link
Treasury Sanctions CEIEC for Supporting the Illegitimate Maduro Regime’s Efforts to Undermine Venezuelan Democracy