Global Trade Alert
Global Trade Alert

Venezuela: Expropriation of gold mining sector

Announcement

16 Sep 2011

In September 2011, 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

16 Sep 2011

Revocation date:

No revocation date

Updated: 16 Sep 2011
FDI: Treatment and operations, nes In force
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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