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Regulation Macro

US Treasury Issues Venezuela-Related General License 60A

The US Treasury Department issued Venezuela-related General License 60A, the Trump administration’s authorization of funding support for Venezuela following recent earthquakes. The license, published by Treasury, permits the previously restricted flow of funds toward earthquake relief in the country. No further terms or counterparties were disclosed.

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AI take

The notable element is the mechanism, not the relief itself: Washington is using a sanctions carve-out to move money into Venezuela, which keeps the underlying restrictions intact while creating a narrow, revocable channel. That distinction matters for anyone tracking how OFAC-style licensing is being repurposed for humanitarian response in sanctioned jurisdictions. With no terms or counterparties disclosed, the open question is whether this remains a one-off relief measure or becomes a template for broader funding flows.

Generated by AI for reference only.

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