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Council Implementing Regulation (EU) 2018/88 of 22 January 2018 implementing Regulation (EU) 2017/2063 concerning restrictive measures in view of the situation in Venezuela

Type Implementing Regulation

Publication 2018-01-22

State In force

Department Council of the European Union

Source EUR-Lex

Reform history JSON API

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Regulation (EU) 2017/2063 of 13 November 2017 concerning restrictive measures in view of the situation in Venezuela (1), and in particular Article 17(1) thereof,

Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy,

Whereas:

(1) On 13 November 2017 the Council adopted Regulation (EU) 2017/2063.

(2) On 13 November 2017 the Council adopted conclusions on Venezuela, reaffirming that constructive dialogue and negotiation are the only sustainable way to address the current crisis and to respond to the pressing needs of the people of Venezuela.

(3) The Council, underscoring its concerns with regard to the situation in the country, adopted restrictive measures and noted that those measures would be used in a gradual and flexible manner and could be expanded, by targeting those involved in the non-respect of democratic principles or the rule of law and the violation of human rights.

(4) In view of the continuing deterioration of the situation in Venezuela, seven persons should be included in the list of natural and legal persons, entities and bodies subject to restrictive measures in Annex IV to Regulation (EU) 2017/2063.

(5) Annex IV to Regulation (EU) 2017/2063 should therefore be amended accordingly,

HAS ADOPTED THIS REGULATION:

Article 1

Annex IV to Regulation (EU) 2017/2063 is amended as set out in the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the date of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 22 January 2018.

For the Council The President F. MOGHERINI

(1) OJ L 295, 14.11.2017, p. 21.

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