Global Trade Alert
Global Trade Alert

Venezuela: Government restricts credit card purchases abroad

Announcement

24 Jan 2014

In January 2014, the government of Venezuela announced a change in the settlement of trade invoices.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jan 2014

Revocation date:

No revocation date

Updated: 24 Jan 2014
Trade payment measure In force
On 24 January 2014, Venezuela's Commission for the Administration of Foreign Currency (Cadavi) reduced the annual credit card allowance in USD for Venezuelans. The new allowance limits are split into ...
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