Treasury Department authorized transactions with BCV

The United States Department of the Treasury issued on Tuesday a license that allows eight international organizations, including the Inter-American Development Bank (IDB), the International Monetary Fund (IMF) and some agencies of the United Nations Organization (UN), to make transactions with the Central Bank of Venezuela.

The Central Bank of Venezuela was sanctioned by the OFAC in April last year, as part of the measures of the Donald Trump regime to pressure the constitutional government of President Nicolás Maduro Moros.

Among the other authorized institutions are: World Bank, Andean Development Corporation (CAF), Latin American Reserve Fund, International Committee of the Red Cross and Organization of American States and their agencies.

In its most recent action, the Office of Foreign Assets Control (OFAC) also announced that it had sanctioned 15 PDVSA aircraft.