[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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