I want to provide long-term financing to the Government of Venezuela to help with the exportation or reexportation of agricultural commodities, medicine, medical devices, components, or replacement parts and components for medical devices to Venezuela. Is that allowed?
OFAC's answer
Yes. General License 4 authorizes all financing and other dealings in new debt related to the exportation or reexportation of agricultural commodities, medicine, medical devices, components, or replacement parts for medical devices, to Venezuela, or to persons in third countries purchasing specifically for resale to Venezuela, provided that the exportation or reexportation is licensed or otherwise authorized by the Department of Commerce. Note, however, that General License 4 does not otherwise authorize any transaction that is prohibited by [E.O. 13808](https://ofac.treasury.gov/media/5476/download?inline), [E.O. 13692](https://ofac.treasury.gov/media/5906/download?inline), or any part of [31 C.F.R. Chapter V](https://www.ecfr.gov/cgi-bin/text-idx?SID=d5f12f23a732afb221817ac2308310a1&mc=true&tpl=/ecfrbrowse/Title31/31chapterV.tpl).