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King & Spalding

TRANSACTIONAL: Upstream Developments – Latin America: Foreign Exchange Controls in Venezuela Strangle Parts of Energy Sector

King & Spalding on

Introduction – Upstream Players -- In February 2013, after devaluating the official exchange rate of the Venezuelan Bolivar from VEB 4.3 to 6.3 per USD, the Venezuelan government set up the Complementary System of...more

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