Global Trade Alert
Global Trade Alert

Venezuela: New law on the development of petrochemical activities

Announcement

17 Jun 2009

In June 2009, the government of Venezuela announced altered domestic business conditions for foreign investors.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jun 2009

Revocation date:

No revocation date

Updated: 17 Jun 2009
FDI: Treatment and operations, nes In force

On June 17, 2009, the Venezuelan National Assembly passed the Law on the development of petrochemical activities ('Ley organica para el desarrollo de las actividades petroquimicas' in Spanish)...

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