Global Trade Alert
Global Trade Alert

Venezuela: Reform of the law on access to goods and services to facilitate nationalisations

Announcement

21 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

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

01 Feb 2010

Revocation date:

No revocation date

Updated: 21 Jan 2010
FDI: Treatment and operations, nes In force
On January 21, 2010 the Venezuelan National Assembly passed a law that facilitates for the executive power to nationalise and expropriate enterprises that are considered to be of general interest. Thi...
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