The U.S. Treasury Department’s Office of Foreign Assets Control issued General License Number 61 on Friday. The document authorizes transactions related to goods, technology, and telecommunications services for Venezuela.
The measure includes operations with state entities such as the National Telephone Company of Venezuela (Cantv) and the National Telecommunications Commission (Conatel)The licenses cover the installation, maintenance, repair, operation, and updating of systems..
The permit covers areas of internet connectivity, telephony, television, radio, satellite services and maintenance of submarine cablesThe contracts must comply with US law and resolve disputes in courts in the US, the UK, France, or Singapore..
Permit conditions and restrictions
The rule prohibits the use of cryptocurrencies such as the petro, non-commercial payments, or payments in gold.It also restricts negotiations with individuals or companies from Russia, Iran, North Korea, Cuba, and China, and prohibits the formation of new joint ventures in the sector..
Individuals or companies conducting sales or services under this license must submit reports to the U.S. Department of State within 10 days of the agreement and every 90 days for as long as operations continue..
CANTV was prevented from acquiring spare parts to maintain its US systems due to the illegitimate and illegal sanctions imposed by the US. Companies neither sold nor supported the American equipment, hence the deterioration. The Venezuelan government, far from succumbing, sought Chinese support (who, in addition to leading the way in technology, also transfer knowledge), and this displeased the Americans. Furthermore, the technological issue would somehow hinder Venezuela's independence in this area. The release of that license affected them (the Americans) more than it affected us.
Hello, I would like to know how to obtain that card.
When will the rest of the world put a stop to the hegemon?
I do not agree with these measures dictated by the North American empire, since in our country there is a lot of canine technology and each country is sovereign and we will decide from whom to buy technology.
China is a pioneer in telecommunications technology. Due to the illegitimate sanctions imposed by the US, we have received support from the Chinese, and we have many Huawei and ZTE systems operating nationwide. I'm concerned, for example, how we can guarantee reliable transmission in an election if the systems, and I'm sure the servers, are located in the US.
Excellent news that CANTV services in Venezuela are being restored, as they are currently in terrible condition. I'm tired of filing complaints to get my CANTV line repaired, and nothing ever happened. There was never a repair truck available, and now that it's been repaired, they still haven't come. There are many of us using this service in Clarines, Manuel Ezequiel Bruzual Municipality, Anzoátegui State. It's urgent that the system be repaired and modernized.
Excellent, this would improve connectivity between both companies, of course with greater capacity in basic services, such as: residential telephony, cell phone, internet and television