; penalties. Sec. 309. Report on specific licenses that authorize transactions with sanctioned persons. Sec. 310. Report on foreign persons doing business with the Maduro regime. TITLE IV—Assistance to a free and independent Venezuela Sec. 401. Policy toward a transition government and a democratically elected government in Venezuela. Sec. 402. Assistance for the people of Venezuela. Sec. 403. Report on trade and investment relations between the United States and Venezuela. TITLE V—General provisions Sec. 501. Effect of Act on lawful United States Government activities. Sec. 502. Exception relating to importation of goods. 2. Statement of policy It is the policy of the United States— (1) to seek a peaceful transition to democracy and a resumption of economic growth in Venezuela through support for the people of Venezuela and the careful application of sanctions directed at the regime of Nicolàs Maduro and any nondemocratic successor; (2) to seek the cooperation of other democratic countries in supporting a transition described in paragraph (1); (3) to make clear to other countries that, in determining the relations of the United States with those countries, the United States will take into account the willingness of those countries to cooperate in supporting a transition described in paragraph (1); (4) to seek the speedy termination of any remaining military or technical assistance, subsidies, or other forms of assistance to the Maduro regime and any nondemocratic successor from the government of any other country, including the governments of Cuba, the Islamic Republic of Iran, the Russian Federation, and the People’s Republic of China; (5) to continue to vigorously oppose violations of internationally recognized human rights in Venezuela; (6) to maintain sanctions on the Maduro regime so long as it continues to refuse to move toward democratization and greater respect for internationally recognized human rights