On 13 November 2017, the European Union (“EU“) Council published its conclusions on Venezuela, and agreed on targeted sanctions in view of its concerns at the situation in the country. The EU Venezuela sanctions regime includes an arms embargo, and will also introduce a legal framework for travel bans and asset freezes against those involved in human rights violations and non-respect for democracy or the rule of law.
The official Council press release can be found here. Council Regulation (EU) 2017/2063 can be found here and Council Decision (CFSP) 2017/2074 can be found here.