Fernandez-Concheso

(English) Det. Pursuant to Executive Order 13850 of November 1, 2018, as Amended (Effective date – May 9, 2019) – Defense and Security Sector

SECRETARY OF THE TREASURY

Determination Pursuant to Section l(a)(i) of Executive Order 13850

Section l(a) of Executive Order 13850 of November 1, 2018 («Blocking Property of Additional Persons Contributing to the Situation in Venezuela») (E.O. 13850), as amended by Executive Order 13857 of January 25, 2019 («Taking Additional Steps to Address the National Emergency With Respect to Venezuela») (E.O. 13857), imposes economic sanctions on any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to operate in such sectors of the Venezuelan economy as may be determined, pursuant to section l(a)(i) ofE.O. 13850, by the Secretary of the Treasury, in consultation with the Secretary of State. To further address the extraordinary threat to the national security and foreign policy of the United States described in E.O. 13850, as amended by E.O. 13857, and in consultation with the Secretary of State, I hereby determine that section l(a)(i) shall apply to the financial sector of the Venezuelan economy. Any person I or my designee subsequently determine, in consultation with the Secretary of State, operates in this sector shall be subject to sanctions pursuant to section l(a)(i).

Steven T. Mnuchin

Date: March 22, 2019