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Venezuela-related designation, general license and FAQ

November 30, 2020

OFAC has posted a Recent Actions Notice announcing its issuance of Venezuela-related General License 38, "Authorizing the Wind Down of Transactions Involving CEIEC," and a related FAQ.

The notice also reported 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].

First published on 11/30/2020

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