Physical Security Considerations for Venezuela Re-Entry Under OFAC General License No.46

The introduction of OFAC General U.S. License No. 46 represents a significant and timely shift in U.S. sanctions policy toward Venezuela, reopening limited pathways for compliant engagement in a market that has been largely inaccessible for years. While primarily associated with the energy sector, this development raises important considerations for the physical security industry as U.S. and international enterprises evaluate renewed operations in a highly regulated and operationally complex environment.

This session offers a briefing examining how evolving sanctions policy intersects with real-world security operations. Drawing on sustained, hands-on experience operating in Venezuela during periods of active U.S. sanctions, the session will explore key considerations for security manufacturers, integrators and professional security consultants, including:

• An overview of the Venezuela-related regulatory landscape and OFAC General License No. 46, from a security industry perspective
• Practical operational, logistical, and cultural considerations that directly impact physical security planning and execution
• Infrastructure, workforce, and supply chain realities affecting system deployment and long-term sustainability
• Strategic implications for the global security industry.

Presenter: Geraldine Torres, vice president and general manager, Smartech Security