Global Trade Alert
Global Trade Alert

Venezuela: Temporary state takeover of Smurfit Kappa Group plant

Announcement

30 Nov 2013

In November 2013, 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

30 Nov 2013

Revocation date:

No revocation date

Updated: 30 Nov 2013
FDI: Treatment and operations, nes In force
On 30 November 2013, Venezuelan President Nicolas Maduro announced that his government had temporarily taken over a packaging plant in Valencia owned by the Irish Smurfit Kappa Group Plc, a manufactur...
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