Global Trade Alert
Global Trade Alert

Venezuela: New foreign investment law

Announcement

29 Dec 2017

On December 29, 2017, the National Constituent Assembly of Venezuela issued the new Constitutional Law on FDI establishing the principles, policies and procedures that regulate foreign investment in goods and services. 

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

29 Dec 2017

Revocation date:

No revocation date

Updated: 29 Dec 2017
FDI: Treatment and operations, nes In force

In addition, the new foreign investment law forbids foreign companies to participate directly or indirectly in the national political debate, neither act as public opinion agents and interfere...

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Updated: 29 Dec 2017
FDI: Entry and ownership rule In force

In contrast to the liberalising interventions described here, the Constitutional Law of Productive Foreign Investment issued by the National Constituent Assembly of Venezuela on December 29, 2...

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Implementation date

29 Dec 2017

Revocation date:

No revocation date

Updated: 29 Dec 2017
FDI: Financial incentive In force

Article 23 of the Constitutional Law of Productive Foreign Investment issued by the National Constituent Assembly of Venezuela on December 29, 2017, establishes that the new rules concerning this l...

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Updated: 29 Dec 2017
FDI: Entry and ownership rule In force

One of the key changes introduced in the Constitutional Law of Productive Foreign Investment issued on December 29, 2017, by the National Constituent Assembly of Venezuela referred to the ...

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