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Prohibition against traffic in the national territory for exportation or extraction purposes

Presidential Decree No. 1,190 was published in Official Gazette No. 40,481 of August 22, 2014. Through said Decree, the President of the Republic established a prohibition against traffic in the national territory for purposes of exporting to or extracting for a foreign territory the items and products of the basic basket, consumable supplies, medicines, and other imported goods or goods produced in the country indicated in said Decree (the “Decree”).

 

The Decree establishes that the military and police authorities must immediately implement the inspection, verification and protection plans that they deem necessary at commercial, industrial, and service establishments nationwide, as well as at land, sea, river, and air means of transportation in order to prevent activities of smuggling of the products listed in the Decree or of those determined by the National Executive. Likewise, civil, police, and military officers must strictly apply the relevant penalizing procedures and the preventive measures permitted by the legislation.

 

Please bear in mind that the Decree does not establish the procedures through which the competent authorities will conduct the inspections of the establishments and means of transportation.

 

The Decree became effective as from its publication in the Official Gazette.

 

In order to access the Decree, please click here

 

“NOTE: THIS INFORMATION SHOULD NOT BE CONSTRUED AS LEGAL ADVICE ON ANY SPECIFIC MATTER AND ITS CONTENT ARE INTENDED AS A MANAGEMENT ALERT AS TO CURRENT DEVELOPMENTS IN VENEZUELA, ANY SPECIFIC LEGAL QUESTIONS REGARDING THE POSSIBLE APPLICATION OF NEW OR PROPOSED LEGISLATION TO PARTICULAR SITUATIONS SHOULD BE ADDRESSED TO TRAVIESO EVANS ARRIA RENGEL & PAZ.”