The Ministry of Light Industries and Trade has issued Resolution No. 197 published in Official Gazette No 38.577 of December 5, 2006. This Resolution is based on Article 16 of Decree No. 4998 of November 17, 2006 establishing the temporary measures for the promotion and development of Small and Medium-sized Industries (SMIs), Cooperatives and other forms of association having their principal domicile in Venezuela, producing goods, rendering services and performing works.

Venezuela's National Assembly is considering a proposed Partial Amendment to the Organic Law on Hydrocarbons (the "Hydrocarbons Law Amendment"), which would introduce sweeping changes to the regulatory framework governing the exploration, extraction, transportation, refining, and marketing of hydrocarbons in the country.

President Hugo Chávez yesterday announced his policy for his third term in office. He heralded a "new era" in the transformation of Venezuela to socialism: the "Simón Bolívar national project 2007-2021." The project contemplates the nationalization of strategic industry sectors, such as telecommunications and electricity, through special powers to be sought from the Legislature.

The recent arrest and arraignment of Venezuelan President Nicolás Maduro has profound legal and economic implications, particularly within the oil and gas sector.

The Presidency of the Republic published in the Official Gazette No. 6,211 Extraordinary, dated December 30, 2015, Decree No. 2,179, with Rank, Value and Force of Law, the Reform of the Venezuelan Central Bank Law.

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Last week Bracewell discussed the Trump administration's initial easing of restrictions on Venezuelan oil with General License...

The U.S. Treasury's Office of Foreign Assets Control has issued new general licenses that expand opportunities for contingent contracting with Venezuela's government and authorize limited financial services involving key Venezuelan banks.

Venezuela has enacted the most significant reform to its hydrocarbons regime since the sector was nationalized in 1976 ("Reform").

Through a series of recently issued general licenses, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has relaxed its Venezuela Sanctions Regulations (VSR) to create a critical pathway for permitting investments in the country's oil and gas sector.

The so-called on demand economy, sharing economy or gig economy is based on digital platforms or apps that act as intermediaries between final customers and service providers.

The Commercial Code is a very old law. The bankruptcy and moratorium proceedings are not appropriate for dealing with the problems that arise in modern cases of insolvency or near-insolvency.

El Estado de Alarma declarado el 13 de marzo de 2020 fue extendido por el gobierno de Venezuela hasta el 11 de julio de 2020...

En Gaceta Oficial de la República Bolivariana de Venezuela N° 6.210 Extraordinario del 30 de diciembre de 2015, fue publicado el Decreto con Rango, Valor y Fuerza de Ley del Régimen Cambiario y sus Ilícitos.

The protection of Trade Secrets has taken place in the Andean Region since the nineties, with the adoption of economic liberation policies. The protection of Trade Secrets has been mainly regulated by the regulations of the Andean Community and by the internal regulations regarding unfair competition.