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Global Trade Alert

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Venezuela: Expropriation of gold mining sector

Description

On 18 August 2011, the Presidency of Venezuela announced its intention to expropriate the domestic gold industry. The Venezuelan President Hugo Chavez has signed the necessary decree on 23 August 2011...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

16 Sep 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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Threads

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