venezuela specific companies and products
Venezuela Trade Summary 2020 | WITS Data
Merchandise Trade summary statistics data for Venezuela (VEN) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2020
Venezuela: Overview of U.S. Sanctions Policy
companies may seek specific licenses to work in Venezuela and that projects underway before G.L. 44 took effect may continue (such as a project to develop natural gas fields near Trinidad). In the assessment of some analysts, this policy retains U.S. influence over which companies are able to participate in Venezuela''s oil and gas sector …
From Crisis to Inclusion: The Story of Venezuela''s Women
As the economic crisis in Venezuela worsens, many women find themselves unable to participate in the remnants of the formal economy given their lack of work experience. In fact, the latest census in Venezuela, conducted in 2011, highlighted an upward trend of women as heads of households, at 39 percent in 2011 as compared to 24 …
Venezuela
3 · Venezuela - Oil, Agriculture, Manufacturing: The Venezuelan economy is based primarily on the production and exploitation of petroleum. From the late 1940s to 1970 the country was the world''s largest petroleum exporter, and it was long one of the principal exporters of oil to the United States. Venezuela''s economy has relied on earnings from …
List of companies of Venezuela
Venezuela is a federal republic located on the northern coast of South America. Oil was discovered in the early 20th century and, today, Venezuela has the world''s largest known oil reserves and has been one of the world''s leading exporters of oil. Previously an underdeveloped exporter of agricultural commodities such as coffee and cocoa, oil ...
Venezuela: Overview of U.S. Sanctions
On March 19, it sanctioned Venezuela''s state-owned gold sector company, Minerven, for using illicit gold operations to support Maduro. On March 22, it sanctioned the state-affiliated Venezuelan Economic and Social Development Bank and subsidiaries that the Maduro government uses to move money abroad. In April 2019, …
Venezuela
Venezuela maintains restrictions on a number of services sectors, including professional services, audiovisual, and telecommunications services. Foreign employees are restricted to 10 percent of the work force of any enterprise with more than 10 workers, and Venezuelan law limits foreign employee salaries to 20 percent of the payroll. However ...
Venezuela
In 2022, Venezuela exported a total of $4.3B, making it the number 132 exporter in the world. During the last five reported years the exports of Venezuela have changed by -$27.9B from $32.2B in 2017 to $4.3B in 2022. The most recent exports are led by Scrap Iron ($564M), Petroleum Coke ($509M), Crude Petroleum ($495M), Acyclic Alcohols ($418M ...
OFAC Issues Venezuela General License Authorizing Chevron to …
On November 26, 2022, the US Department of the Treasury''s Office of Foreign Assets Controls ("OFAC") issued General License 41 ("GL 41") authorizing Chevron Corporation ("Chevron") to resume limited oil extraction operations in Venezuela and accompanying FAQs. According to the accompanying press release, OFAC issued GL 41 after Unitary …
Venezuela: A Booming Venezuelan Seafood Industry
Venezuelan seafood production totaled 241,000 MT in 2021, growing by 16 percent compared to 2020. Seafood products are Venezuela''s largest agricultural export, accounting for more than 54 percent of the total value of agricultural exports in 2021. Seafood exports have increased 174 percent since 2016 and in 2021, totaled $361.7 million.
519 | Office of Foreign Assets Control
While E.O. 13884 blocks all property and interests in property of the Government of Venezuela that come into the possession or control of U.S. persons or U.S. jurisdiction, the Venezuelan people are not subject to comprehensive U.S. sanctions. Sanctions do not preclude U.S. persons from exporting or reexporting items to Venezuela provided that the …
Venezuela
The United States remains Venezuela''s most important trading partner, claiming 39 percent of Venezuela''s exports (primarily petroleum and petroleum products) and 36 percent of its imports in 2016, making Venezuela the United States'' eleventh-largest export market in Latin America. Companies seeking to do business in Venezuela must ...
OFAC Issues New Venezuela-Related General License and …
On May 1, 2023, the US Department of the Treasury''s Office of Foreign Assets Control ("OFAC") issued General License No. 42 ("GL 42") under the Venezuela Sanctions Regulations ("VSR"), three new Venezuela-related Frequently Asked Questions ("FAQs"), and also amended one Venezuela-related FAQ. These developments occurred in the …
Full List of Pharmaceutical Companies in Venezuela (2024)
Full List of Pharmaceutical Companies in Venezuela (2024) There are many pharmaceutical companies in Venezuela, a large market in Latin America due to the large population. Top pharmaceutical companies in Venezuela are Bayer AG, Novartis, Grupo Farma, Calox International, C.A., Megalabs Vzl C.A., Laboratorios Elmor S.A., …
Sanctions by the Numbers: Spotlight on Venezuela
Evolution of Sanctions on Venezuela. Following Maduro''s rise to power in 2013, U.S. sanctions strategy toward Venezuela evolved to address the ongoing deterioration of democracy and human rights in the country. From 2009 to 2015, the U.S. government issued fewer than five Venezuela-related sanctions per year, primarily …
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