OFAC has created a new investment framework for Venezuelan assets, supported by the U.S. and involving Curaçao.

The entities involved

• Venezuela →

  Country in Latin America

  • The crisis in Venezuela is ongoing, with the White House providing aid and political support, and Maria Corina Machado seeking a return.Sun 22:06
  • George W. Bush expressed concern about the erosion of democracy in Bolivia and Venezuela in 2006.Sun 05:05
• Curaçao →

  island state in the Caribbean, part of the Kingdom of the Netherlands

  • A committee mandate was issued on July 9th concerning the decolonization of Aruba and Curaçao, alongside advocacy for Bonaire and reaffirming a position regarding Malvinas.Thu 16:55
  • The Dutch House of Representatives' Committee on Kingdom Relations conducted working visits to Aruba, Bonaire, and Curaçao.Thu 16:55
• PDVSA →

  Venezuelan government-owned oil company

  Nothing else this week.

Related events

• Chevron committed capital to double Venezuelan oil output through agreements with PDVSA.Oct 11
• Strategic objective is set to monetize oil reserves as the government mandates structural reforms for investment in the sector.Sep 4
• Expert Eric van der Burg discusses how Curaçao could leverage its geographic position to serve as a market access and logistical hub.Aug 31
• The Netherlands extended an agreement with the US, enabling US operations to be conducted from Curaçao and Aruba.Wed 17:05