Venezuela: Inward/ Foreign Investment

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Venezuela Plans to Nationalize Telecommunications and Electricity Sectors
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.
Venezuela Litigation
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Latham & Watkins
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