Venezuela Moved from Group B to Group D

The U.S. Department of Commerce published a Final Rule in today’s Federal Register officially moving Venezuela from country Group B which provides favorable treatment for certain exports of national security concern to Group D:1  Countries of National Security concern. This new announcement also places Venezuela into Country Groups D:2-4 which contains countries of concern for nuclear, chemical and biological weapons and missile technology. The movement to Group D negates the potential to use certain license exceptions found in Part 740 and subjects Venezuela to the  stricter “case-by-case” licensing requirements on exports to countries of National Security Concern delineated in Part 742.4 of the EAR. The rule is effective as of May 24th, 2019.

Share via emailShare on FacebookShare on Twitter

Testimonials