Global Trade Alert
Global Trade Alert

Venezuela: Nationalization of foreign stores following amended law

Announcement

19 Jan 2010

In January 2010, the government of Venezuela announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Jan 2010

Revocation date:

No revocation date

Updated: 19 Jan 2010
FDI: Treatment and operations, nes In force
The National Assembly (legislature) passed amendments to the Law of the People Access to Goods and Services (formerly the Consumer Protection Act and the User), through which incorporates as grounds f...
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