ANNOUNCEMENT 08 Jun 2010In June 2010, the government of Venezuela announced altered domestic business conditions for foreign investors.
NUMBER OF INTERVENTIONS
Decree No 7.473 (June 8, 2010) published in the Official Gazette of the Bolivarian Republic of Venezuela (Gazeta Oficial de la Republica Bolivariana de Venezuela, Numero 39.441, Martes 8 de Junio de 2010):
http://www.tsj.gov.ve/gaceta/Junio/862010/862010-2868.pdf#page=2 (pages 377.037 to 377.039)
Website of the Venezuelan Ministry of Agriculture and Land, Central Azucarero Santa Clara: http://www.minpal.gob.ve/index.php?option=com_content&task=view&id=199&Itemid=4
On June 8, 2010, the Venezuelan President Hugo Chavez adopted a decree (Decree No 7.473) on the forced acquisition of the sugar mill Industria Azucarera Santa Clara, that is owned by an American company.