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US Issues Executive Order to Impose Venezuela Sanctions and Designates Seven Individuals

On March 9, 2015, President Obama signed an Executive Order entitled "Blocking Property and Suspending Entry of Certain Persons Contributing to the Situation in Venezuela" (the "Order"). The authority for the Order includes the Venezuela Defense of Human Rights and Civil Society Act of 2014. This Order authorizes the United States to impose sanctions against any individual or entity determined to have engaged in certain activities in relation to the situation in Venezuela, and designates seven individuals in the Annex to the Order.

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