Global Trade Alert
Global Trade Alert

Venezuela: Implementation of the SUCRE mechanism facilitating international trade

Announcement

01 Jul 2010

In July 2010, the government of Venezuela announced a change in the settlement of trade invoices.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2010

Revocation date:

No revocation date

Updated: 01 Jul 2010
Trade payment measure In force
On 1 July 2010, Venezuela's Ministry of Planning and Finance (Ministerio del Poder Popular de Planificación y Finanzas) adopted Resolution No. DM 2730 which implements the 'Sistema Unitario de Compens...
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