HomeAmericaUS issues new Venezuela-related general licenses for critical minerals, says US Treasury...

US issues new Venezuela-related general licenses for critical minerals, says US Treasury Department

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LOS ANGELES, ‌March 27 (Reuters) - The ​U.S. on Friday issued ⁠new, Venezuela-related general licenses for critical mineral investment ​and operations, according to ‌the U.S. Treasury Department.

The licenses authorize "the supply of certain ⁠items and services ⁠for minerals operations" and "negotiations of and entry into contingent contracts for ‌certain investment in Venezuela's minerals ⁠sector," according ‌to the ​Treasury Department website.

In a statement posted on X, ‌the department said ​the licenses ⁠were part of efforts "to ‌bring ⁠the Venezuelan economy back online and reorient investment to ​benefit Americans ‌and Venezuelans."

(Reporting by Ismail ⁠Shakil, Writing ​by Christian Martinez, Editing by ​Chris Reese)

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