Presidential Documents

41155 

Federal Register 

Vol. 82, No. 166 

Tuesday, August 29, 2017 

Title 3— 

The President 

Executive Order 13808 of August 24, 2017 

Imposing Additional Sanctions With Respect to the Situation 

in Venezuela 

By the authority vested in me as President by the Constitution and the 

laws of the United States of America, including the International Emergency 

Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United 

States Code, 

I, DONALD J. TRUMP, President of the United States of America, in order 

to take additional steps with respect to the national emergency declared 

in Executive Order 13692 of March 8, 2015, and particularly in light of 

recent actions and policies of the Government of Venezuela, including serious 

abuses of human rights and fundamental freedoms; responsibility for the 

deepening humanitarian crisis in Venezuela; establishment of an illegitimate 

Constituent Assembly, which has usurped the power of the democratically 

elected National Assembly and other branches of the Government of Venezuela; rampant public corruption; and ongoing repression and persecution 

of, and violence toward, the political opposition, hereby order as follows: 

Section 1. (a) All transactions related to, provision of financing for, and 

other dealings in the following by a United States person or within the 

United States are prohibited: 

(i) new debt with a maturity of greater than 90 days of Petroleos de 

Venezuela, S.A. (PdVSA); 

(ii) new debt with a maturity of greater than 30 days, or new equity, 

of the Government of Venezuela, other than debt of PdVSA covered by 

subsection (a)(i) of this section; 

(iii) bonds issued by the Government of Venezuela prior to the effective 

date of this order; or 

(iv) dividend payments or other distributions of profits to the Government 

of Venezuela from any entity owned or controlled, directly or indirectly, 

by the Government of Venezuela. 

(b) The purchase, directly or indirectly, by a United States person or 

within the United States, of securities from the Government of Venezuela, 

other than securities qualifying as new debt with a maturity of less than 

or equal to 90 or 30 days as covered by subsections (a)(i) or (a)(ii) of 

this section, respectively, is prohibited. 

(c) The prohibitions in subsections (a) and (b) of this section apply except 

to the extent provided by statutes, or in regulations, orders, directives, 

or licenses that may be issued pursuant to this order, and notwithstanding 

any contract entered into or any license or permit granted before the effective 

date of this order. 

Sec. 2. (a) Any transaction that evades or avoids, has the purpose of evading 

or avoiding, causes a violation of, or attempts to violate any of the prohibitions set forth in this order is prohibited. 

(b) Any conspiracy formed to violate any of the prohibitions set forth 

in this order is prohibited. 

Sec. 3. For the purposes of this order: 

(a) the term ‘‘person’’ means an individual or entity; 


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41156 Federal Register / Vol. 82, No. 166 / Tuesday, August 29, 2017 / Presidential Documents 

(b) the term ‘‘entity’’ means a partnership, association, trust, joint venture, 

corporation, group, subgroup, or other organization; 

(c) the term ‘‘United States person’’ means any United States citizen, 

permanent resident alien, entity organized under the laws of the United 

States or any jurisdiction within the United States (including foreign 

branches), or any person in the United States; and 

(d) the term ‘‘Government of Venezuela’’ means the Government of Venezuela, any political subdivision, agency, or instrumentality thereof, including the Central Bank of Venezuela and PdVSA, and any person owned 

or controlled by, or acting for or on behalf of, the Government of Venezuela. 

Sec. 4. The Secretary of the Treasury, in consultation with the Secretary 

of State, is hereby authorized to take such actions, including promulgating 

rules and regulations, and to employ all powers granted to the President 

by IEEPA as may be necessary to implement this order. The Secretary 

of the Treasury may, consistent with applicable law, redelegate any of these 

functions to other officers and executive departments and agencies of the 

United States Government. All agencies of the United States Government 

shall take all appropriate measures within their authority to carry out the 

provisions of this order. 

Sec. 5. For those persons whose property or interests in property are affected 

by this order who might have a constitutional presence in the United States, 

I find that because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken pursuant 

to this order would render those measures ineffectual. I therefore determine 

that for these measures to be effective in addressing the national emergency 

declared in Executive Order 13692, there need be no prior notice of a 

listing or determination made pursuant to this order. 

Sec. 6. This order is not intended to, and does not, create any right or 

benefit, substantive or procedural, enforceable at law or in equity by any 

party against the United States, its departments, agencies, or entities, its 

officers, employees, or agents, or any other person. 

Sec. 7. This order is effective at 12:01 a.m. eastern daylight time on August 

25, 2017. 

THE WHITE HOUSE, 

August 24, 2017. 

[FR Doc. 2017–18468 

Filed 8–28–17; 11:15 am] 

Billing code 3295–F7–P 


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