ANNOUNCED AS TEMPORARYNo
FDI: Treatment and operations, nes
On March 29, 2011 the Venezuelan President Hugo Chavez issued Decree No 8.133 on the nationalisation of the bauxite producer Norpro Venezuela C.A., a subsidiary of the American company Norpro and a partner of the French firm Saint-Gobain.
Saint-Gobain brought the case to the International Centre for Settlement of Investment Disputes (ICSID) in 2012.
The decree was published in the Official Gazette of the Bolivarian Republic of Venezuela on March 29, 2011.
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