On November 13, 2017, the European Union issued new sanctions on Venezuela in Council Regulation (EU) 2017/2063 and Council Decision (CFSP) 2017/2074.
In addition to financial sanctions, the new restrictive measures place an embargo on:
- Arms and related material;
- Equipment and financial assistance that might be used for internal repression; and
- Equipment, technology, or software for use in telecommunications monitoring.
The restrictions came into force on November 14, 2017, and will remain in effect until November 14, 2018 (subject to renewal or amendment).
Council Regulation (EU) 2017/2063 and Council Decision (CFSP) 2017/2074 can be found here:
and here:
