EU ambassadors have agreed to impose an arms embargo on Venezuela, as well as a ban on any equipment capable of being used to repress opponents within the state. Next week, EU Foreign Ministers will vote on whether to approve the measures. The proposed sanctions follow a UN report (published August 2017) which concluded that “extensive human rights violations and abuses” had been carried out in the context of country-wide anti-Government demonstrations.
In the US, the Office of Foreign Assets Control (OFAC) has added 9 individuals (and updated the details of one person) to its Venezuela sanctions list, see OFAC Notice here and FAQs here. The US Treasury has announced that all 10 individuals are “current or former Venezuelan government officials… associated with undermining electoral processes, media censorship, or corruption in government-administered food programs in Venezuela”. Furthermore, it is stated that this designation follows the 15 October 2017 state elections in Venezuela, which had been “marked by numerous irregularities”, strongly suggesting that “fraud [had] helped the ruling party unexpectedly win a majority of governorships.”