Global Trade Alert
Global Trade Alert

Venezuela: Seizure of a gold mining project

Announcement

26 Oct 2009

In October 2009, 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

26 Oct 2009

Revocation date:

No revocation date

Updated: 26 Oct 2009
FDI: Treatment and operations, nes In force
On October 26, 2009, the Venezuelan authorities seized the Brisas gold project operated by the Canadian mining company Gold Reserve. This decision is the consequence of the decision taken on May 25, 2...
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