Global Trade Alert
Global Trade Alert

Venezuela: De facto expropriation of Minera Loma de Niquel

Announcement

10 Nov 2012

In November 2012, 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

1 in force

Implementation date

10 Nov 2012

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 10 November 2012, the concessions and permits for the London-based company Minera Loma de Niquel belonging to Anglo American Plc expired and won't be renewed. Instead, the government will take cont...

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