ANNOUNCEMENT 23 Jan 2009

In January 2009, the government of Bolivia announced altered domestic business conditions for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



La Nacion (2009) Evo Morales estatiza una petrolera que posee participaci?n argentina. Available from:
http://www.lanacion.com.ar/1092768-evo-morales-estatiza-una-petrolera-que-posee-participacion-argentina.

Bolivia: Decreto Supremo N? 29888, 23 de enero de 2009 (In Spanish) http://www.lexivox.org/norms/BO-DS-29888.xhtml.


Inception date: 23 Jan 2009 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 23 January 2009, the government of Bolivia announced its decision to expropriate Chaco Petroleum. Chaco Petroleum before the expropriation was owned 49% by Yacimientos Petrolíferos Fiscales Bolivianos (the state-owned oil and gas company of Bolivia), and 51% by the Argentinian company Pan American Energy.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A