[House Document 115-129]
[From the U.S. Government Publishing Office]
115th Congress, 2d Session - - - - - - - - - House Document 115-129
CONTINUATION OF THE NATIONAL EMERGENCY WITH RESPECT TO VENEZUELA
__________
MESSAGE
from
THE PRESIDENT OF THE UNITED STATES
transmitting
AN EXECUTIVE ORDER WITH RESPECT TO VENEZUELA THAT TAKES ADDITIONAL
STEPS WITH RESPECT TO THE NATIONAL EMERGENCY DECLARED IN EXECUTIVE
ORDER 13692 OF MARCH 8, 2015, AND RELIED UPON FOR ADDITIONAL STEPS
TAKEN IN EXECUTIVE ORDER 13808 OF AUGUST 24, 2017, AND EXECUTIVE ORDER
13827 OF MARCH 19, 2018, PURSUANT TO 50 U.S.C. 1703(b); PUBLIC LAW 95-
223 SEC. 204(b); (91 STAT. 1627)
[GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]
May 22, 2018.--Message and accompanying papers referred to the
Committee on Foreign Affairs and ordered to be printed
______
U.S. GOVERNMENT PUBLISHING OFFICE
79-011 WASHINGTON : 2018
To the Congress of the United States:
Pursuant to the International Emergency Economic Powers Act
(IEEPA) (50 U.S.C. 1701 et seq.), I hereby report that I have
issued an Executive Order with respect to Venezuela that takes
additional steps with respect to the national emergency
declared in Executive Order 13692 of March 8, 2015, and relied
upon for additional steps taken in Executive Order 13808 of
August 24, 2017, and Executive Order 13827 of March 19, 2018.
The Executive Order I have issued today prohibits
transactions related to, provision of financing for, and other
dealings in (i) the purchase of any debt owed to the Government
of Venezuela, including accounts receivable; (ii) any debt owed
to the Government of Venezuela that is pledged as collateral
after the effective date of the Executive Order, including
accounts receivable; and (iii) the sale, transfer, assignment,
or pledging as collateral by the Government of Venezuela of any
equity interest in any entity in which the Government of
Venezuela has a 50 percent or greater ownership interest.
I have authorized the Secretary of the Treasury, in
consultation with the Secretary of State, 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
carry out the purposes of the Executive Order.
I am enclosing a copy of the Executive Order I have issued
today.
Donald J. Trump.
The White House, May 21, 2018.
Executive Order
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Prohibiting Certain Additional Transactions With Respect to 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 relied upon for additional steps taken in
Executive Order 13808 of August 24, 2017 and Executive Order
13827 of March 19, 2018, particularly in light of the recent
activities of the Maduro regime, including endemic economic
mismanagement and public corruption at the expense of the
Venezuelan people and their prosperity, and ongoing repression
of the political opposition; attempts to undermine democratic
order by holding snap elections that are neither free nor fair;
and the regime's responsibility for the deepening humanitarian
and public health crisis in Venezuela, 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) the purchase of any debt owed to the Government
of Venezuela, including accounts receivable;
(ii) any debt owed to the Government of Venezuela
that is pledged as collateral after the effective date
of this order, including accounts receivable; and
(iii) the sale, transfer, assignment, or pledging as
collateral by the Government of Venezuela of any equity
interest in any entity in which the Government of
Venezuela has a 50 percent or greater ownership
interest.
(b) The prohibitions in subsection (a) 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;
(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 of such
entities), or any person within 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 Petroleos de Venezuela, S.A. (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, re-delegate 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. 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. 6. This order is effective at 12:30 p.m. eastern
daylight time on May 21, 2018.
Donald J. Trump.
The White House, May 21, 2018.
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