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Die However, license does not allow any transaction or activity with the Venezuelan Bank for Economic and Social Development (Bandes).
| .- The U.S. Treasury Department approved this Thursday that U.S. companies Visa, MasterCard, American Express, Western Union, and Moneygram will continue to operate in Venezuelan territory despite the U.S. sanctions.
The institution indicated that the business of these companies is approved by the Bank Central de Venezuela (BCV), governing body of the Venezuelan economy, and three public banks (Banco de Venezuela, Banco del Tesoro and Banco Bicentenario).
However, the license does not permit any transaction or activity with the Banco de Desarrollo Economico and Social de Venezuela (Bandes) or the Banco Bandes Uruguay S.A. (Band Uruguay).
At the same time, the US Office of Foreign Assets Control imposed sanctions on TNK Trading International SA, a Swiss subsidiary of the Russian company Rosneft, for conducting oil operations from Venezuela.
"TNK Trading International SA is another subsidiary of Rosneft that manages the sale and transportation of oil Venezuelan crude, which is subject to sanctions," said a statement.
According to the Venezuelan government, unilateral coercive measures by the nation have caused losses of the order of $ 40,000 million.
Source: Actualidad RT