Prohibiting Certain Additional Transactions With Respect to Venezuela

Executive Order 13835 of May 21, 2018

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.

    (Presidential Sig.)

THE WHITE HOUSE,

    May 21, 2018.