IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 04 Oct 2010 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 4 October 2010, the Venezuelan Governmentexpropriated a portion of land that was under the ownership of the Spanish-Venezuelan agricultural company Agroislena. The government stated that the reason for the expropriation was that Agroislena was selling products at inflated prices as well as was monopolizing storage capacity. 

AFFECTED COUNTRIES

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