Doing Business in Venezuela

There are many opportunities for UK Business in Venezuela. We provide a wealth of information and guidance on doing business in Venezuela.

This includes:

• Doing Business Guide

• Overseas Business Risk

What are the Opportunities?

Venezuela has significant economic potential with the Oil and Gas sector dominating the market’s economy. The current plans of the national oil company Petroleos de Venezuela S.A (PDVSA) to develop new oil fields in the Orinoco basin known locally as the “FAJA”, provide huge opportunities for UK energy companies.

Other promising sectors for UK companies include, power generation, infrastructure, telecommunications, education and training, Healthcare, Alternative Energy, Waste Management and the Environment. However, in the current fast moving political climate in Venezuela, British Companies need the services of the British Embassy more than ever, to find their way through this challenging market. Currently using the Government to Government route is the best way for UK companies to enter the market.

Guide to Doing Business in Venezuela

UKTI has produced a guide aimed at companies experienced in overseas trade who are new to doing business with Venezuela. This guide aims to provide a route map of the way ahead, together with signposts to sources of help.

• Introduction

• Preparing to Export

• How to do Business

• What are the challenges

• Business Etiquette

• How to invest in Venezuela

• Contacts