meta_id 3271767

On June 25, 2026, the United States Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 60, "Authorizing Transactions Related to Earthquake Relief Efforts in Venezuela." General License 60 authorizes specific transactions related to earthquake relief activities in Venezuela. The license permits entities and individuals to engage in otherwise prohibited transactions with Venezuela to support humanitarian relief efforts following the earthquake. This authorization allows for the provision of goods, services, and financial transactions necessary to deliver emergency assistance, medical supplies, and humanitarian aid to affected populations in Venezuela. The issuance of this general license reflects OFAC's approach to balancing sanctions compliance with humanitarian imperatives. General licenses issued by OFAC provide blanket authorization for categories of transactions that would otherwise violate sanctions regulations, eliminating the need for individual license applications for qualifying activities. This mechanism enables organizations engaged in legitimate humanitarian work to operate without seeking case-by-case approval from OFAC. Entities seeking to conduct transactions under General License 60 must ensure their activities fall within the scope of authorized earthquake relief efforts and comply with all other applicable sanctions regulations and export control laws. Organizations should review the full text of the license to understand specific eligibility criteria, transaction limitations, and reporting requirements. The license is effective immediately upon issuance and remains in effect unless subsequently revoked or modified by OFAC. Entities conducting transactions under this authorization should maintain detailed records of all activities for potential compliance verification.