Executive Order 13835: Prohibiting Certain Additional Transactions With Respect to Venezuela

President: Donald J. Trump

Restricted purchases of Venezuelan government debt and certain collateral and equity transactions.

Status: In effect. Is Executive Order 13835 still in effect? Yes. Executive Order 13835 remains in effect. See Federal Register record.

What does Executive Order 13835 do?

EO 13835 added to the Venezuela national emergency by prohibiting US persons from buying debt owed to the Venezuelan government, dealing in debt pledged as collateral after the order, and certain transfers of equity interests in entities at least half government-owned. It built on EO 13808 and EO 13827. EO 13857 later amended the framework, and OFAC continues to list EO 13835 with changing general licenses. The exact rule for a particular bond or transaction depends on the current license and regulations.

Administration position: The order’s assessment of Venezuela was the administration’s rationale; prohibitions are defined by transaction and issuer.
SignedMay 21, 2018
MeasuresDebt, collateral and specified equity
Later amendmentEO 13857

Before and after

Before the order

Earlier Venezuela finance and token restrictions applied.

After the order

Additional debt and equity dealings were restricted, subject to licenses.

Who had to do what

Agency / officeActionTiming / position
US personsAvoid covered transactionsUnless authorized
Treasury / OFACAdminister regulations and licensesOngoing

What happened next

EO 13835 signed.