New U.S. Sanctions Target Venezuelan Individuals over Human Rights, Corruption
President Obama issued March 9 an executive order imposing sanctions that implement and expand upon the Venezuela Defense of Human Rights and Civil Society Act signed into law in December 2014.
A White House fact sheet states that this EO targets those in Venezuela determined to be involved in (a) actions or policies that undermine democratic processes or institutions, (b) significant acts of violence or conduct that constitutes a serious abuse or violation of human rights, including against persons involved in antigovernment protests in Venezuela in or since February 2014, (c) actions that prohibit, limit or penalize the exercise of freedom of expression or peaceful assembly, or (d) public corruption by senior officials within the government of Venezuela. The EO also authorizes the targeting of any person determined to be (a) a current or former leader of an entity that has, or whose members have, engaged in any activity described in the EO or of an entity whose property and interests in property are blocked or frozen pursuant to the EO, or (b) a current or former official of the government of Venezuela.
Individuals designated or identified for the imposition of sanctions under this EO, including the seven individuals listed in the order’s annex, will have their property and interests in property in the United States blocked or frozen, and U.S. persons are prohibited from doing business with them. The EO also suspends the entry into the U.S. of individuals meeting the criteria for economic sanctions.