The U.S. government has issued new licenses to partially lift sanctions on Venezuela, impacting operations related to the state-owned oil company PDVSA’s 2020 bond, as well as the state airline Conviasa and the country’s telecommunications sector. License 5X allows limited transactions concerning PDVSA debt. Licenses 59 and 24A authorize operations linked to Conviasa and postal/telecom services, respectively. These changes represent a limited easing of financial restrictions previously imposed on Venezuela. The move aims to facilitate specific economic activity while maintaining broader sanctions pressure. Details regarding the scope and duration of these licenses remain under scrutiny, but they signal a potential shift in U.S. policy toward Venezuela. The licenses were announced recently and are now in effect.