IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 25 Oct 2010 | Removal date: open ended

FDI: Treatment and operations, nes

On 25 October 2010, Venezuelan President ordered the nationalisation of the local branch of US American glass manufactuer Owens Illionois. Mr Chavez cited environmental concerns and work force treatment as reasons for the expropriation.

AFFECTED COUNTRIES

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