United States: International Trade & Investment

Bob Brewer sits down with Ginger to discuss several BLG newsletter articles available online as well as upcoming events.

General License 52 issued by OFAC marks a pivotal shift in U.S.-Venezuela sanctions policy, reopening specific petroleum transactions between U.S. entities and Petróleos de Venezuela, S.A. that were previously prohibited under Executive Orders 13850 and 13884. The authorization enables established U.S. companies to resume oil operations, market Venezuelan crude globally, and enter new joint ventures, though strict conditions govern financing, contracting, and reporting obligations. What are the key opp

The International Traffic in Arms Regulations (ITAR) set the rules for how defense-related items, services, and technical information are made, shared, and transferred. This includes not only exports and imports, but also what happens inside a company’s day-to-day operations. In today’s environment, ITAR risk often comes less from shipping hardware across borders and more from how technical data is accessed and shared—through cloud storage, remote engineering work, virtual meetings, facility tours, and routine interactions with foreign nationals.