Venezuela Emergency Gets Another Year: Sanctions Stay Put
Published Date: 2/28/2025
Presidential Document
Summary
The U.S. is extending its national emergency about Venezuela for another year because the country’s government still violates human rights and causes big problems. This means U.S. sanctions and restrictions on Venezuelan officials and businesses stay in place, aiming to protect U.S. security and promote change. No new money is spent, but the rules keep affecting trade and travel with Venezuela.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
Sanctions and travel/trade restrictions stay in place
Because the national emergency is continued, existing U.S. sanctions and restrictions tied to Executive Order 13692 remain in place and continue to affect trade and travel with Venezuela. If you do business with, export to, or travel to Venezuela, those restrictions on Venezuelan officials and businesses continue under the emergency that was extended on February 27, 2025.
One-year extension of Venezuela emergency
The President is continuing the national emergency declared on March 8, 2015 (Executive Order 13692) for 1 year as of February 27, 2025. The notice says the situation in Venezuela still poses an unusual and extraordinary threat to U.S. national security and foreign policy, so the emergency remains in force for one year.
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