New Venezuelan Sanctions

On January 28 the United States announced a new round of sanctions against the Maduro Government in Venezuela. Not only do the sanctions target the government and its leadership, whom the US and much of the world have deemed illegitimate, but also the state owned oil company - PDVSA. These sanctions are the toughest yet and have major implications on many of ANOVA's customers. If you are handling a shipment to Venezuela, please take the time to review the latest regulations and sanctions news prior to shipment. Penalties for violating sanctions are extremely harsh so if in doubt we advise not to proceed with any shipment related to PDVSA or the Venezuelan government prior to obtaining sound legal advice confirming its compliance.

Category: Insights

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