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Extension of the Decree of State of Emergency (including Economic Emergency)

Decree No. 3.308 of March 9, 2018, issued by the President of the Republic, was published in Official Gazette No. 41.357 of March 9, 2018. Said Decree extended for sixty (60) days the period of time established in Decree No. 3.239 of January 9, 2018, published in Official Gazette No. 6.356 Extraordinary of even date, whereby the State of Emergency (including Economic Emergency) was declared in all of the national territory.

 The Decree became effective on March 10, 2018.

 

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.”