ANNOUNCEMENT 23 Aug 2013In August 2013, the government of Venezuela announced a change in production support.
NUMBER OF INTERVENTIONS
Ministerio del Poder Popular para la Agricultura y Tierras, DM/No. 083 of 23 August 2013, published in Official Gazette no. 40.238 of 28 August 2013 (in Spanish): http://www.tsj.gov.ve/gaceta/agosto/2882013/2882013-3778.pdf#page=49
El Universal, news item of 29 August 2013 (in Spanish): http://www.eluniversal.com/economia/130829/publican-resolucion-sobre-subsidios-al-arroz-maiz-soya-sorgo-y-azucar
La Naci?n, news item of 29 August 2013 (in Spanish): http://www.lanacion.com.ve/nacional/en-gaceta-precios-de-subsidios-al-arroz-maiz-soya-sorgo-y-azucar/
Lexcomp.net (in Spanish): http://www.lexcomp.net/actualidad-juridica/detalle-actualidad-juridica/411-publicada-en-gaceta-resolucion-sobre-subsidios-al-arroz-maiz-soya-sorgo-y-azucar.html
On 23 August 2013, the Ministry for Agriculture adopted DM/NO. 025/2013 which introduces subsidies for the following goods (exchange rate as of 4 May 2014):
The subsidy on paddy rice in this measure increased by USD 0.16per kg compared to the last one (see 'Related Measures').
The measure entered into force retroactively, i.e. on 1 August 2013. These subsidies to domestic producers disadvantage competing foreign suppliers.