Venezuela bans export of construction materials

The Venezuelan government issued Official Gazette No. 43,049, valid until December 31, which prohibits the export of construction materials in order to safeguard these supplies for reconstruction following the damage caused by the June earthquakes

The Venezuelan government prohibited the export of construction materials through Official Gazette No. 43,409. The measure will be in effect until December 31, 2026, according to Decree No. 5,376.

According to the official gazette, the export of various construction materials intended to address the effects of the June 24 earthquakes is suspended, assigning them Legal Regime 1, corresponding to “Prohibited Export,” through a partial modification of the current Customs Tariff.

This government measure is aimed at preserving the materials needed for reconstruction in the areas affected by the June earthquakes, particularly in La Guaira state and the capital, Caracas, but also in other states of the country with severe structural damage.

M.Pino

Source: ultimasnoticias

(Reference image source: Thomas Kinto on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

You might also like