Global Trade Alert
Global Trade Alert

Venezuela: Expropriation of American-Italian fertilizer producer

Announcement

04 Oct 2010

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Oct 2010

Revocation date:

No revocation date

Updated: 04 Oct 2010
FDI: Treatment and operations, nes In force
On 4 October 2010 the Venezuelan Government took over a fertilizer producer, Fertilizantes Nitrogenados de Oriente (FertiNitro), which is partly owned by a company from the US (Koch Industries), and b...
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