OFAC EXPANDS VENEZUELAN SANCTIONS RELIEF THROUGH PORT AND AIRPORT AUTHORIZATIONS
March 10, 2026
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On February 10, 2026, OFAC issued General License (“GL”) 30B, which authorizes transactions “ordinarily incident and necessary to operations or use of ports and airports in Venezuela” that would otherwise be prohibited under Venezuelan-related sanctions regulations, even if they involve the Government of Venezuela or Instituto Nacional de los Espacios Acuaticos. GL 30B supersedes GL 30A, which prohibited the use of ports and airports in Venezuela for “any transactions or activities related to the exportation or re-exportation of diluents, directly or indirectly, to Venezuela.” This move comes as other federal agencies, including DOT, are loosening restrictions which were previously imposed on operations to/from Venezuela.
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