00:00The United States Department of the Treasury's OFAC has partially eased sanctions on Venezuela
00:06by issuing a series of updated general licenses for key economic sectors.
00:11General License 46D authorizes United States companies to engage in the extraction, marketing,
00:17import and transport of Venezuelan oil and petrochemicals involving state energy firm PDVSA.
00:23Additional measures include License 47B for diluent sales,
00:27License 51C authorizing manual and gold operations and License 61A approving telecommunications related services.
00:36The broader package updated multiples frameworks to permit key transaction goods
00:42and operational services supporting Venezuela's core industries.
