Global Trade Alert
Global Trade Alert

Venezuela: Cancellation of a mining concession granted to a Canadian miner

Announcement

03 Feb 2011

In February 2011, 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

03 Feb 2011

Revocation date:

No revocation date

Updated: 03 Feb 2011
FDI: Treatment and operations, nes In force
On February 3, 2011, the Corporacion Venezolana de Guayana (the Venezuelan state agency in charge of natural resources in the southeast of the country) unilaterally terminated the mine operating contr...
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