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Brief information on Venezuela
| Short-term | Cover facilities are available without any restrictions regarding the amount. Cover under wholeturnover policies and revolving cover will be suspended for future deliveries if payment is not received 3 months after the agreed due date at the latest. All grace periods and/or claims waiting periods for all insured events including protracted default are extended to 9 months. |
|---|---|
| Medium/long-term | Cover facilities are available with a limit of EUR 20 million on the size of the individual transaction. In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions. All grace periods and/or claims waiting periods for all insured events including protracted default are extended to 9 months. |
| Collateral | Information will be provided on request |
| Country risk category | 7 |
No responsibility is taken for the correctness of the information provided
More detailed information on the cover policy can be found in all
articles of the AGA-Report
on Venezuela (German version only) and country information
on commercial practices, business climate, market analyses, law,
import procedures, customs duties can be found on the 
website
of Germany Trade & Invest (gtai).
The senior country advisers for Venezuela will be pleased to answer your questions
- on single transaction cover: Mr Jens Kruse, phone: +49 (0) 40 / 88 34 - 90 89
- on revolving and wholeturnover cover: Mr Matthias Holst, phone: +49 (0) 40 / 88 34 - 90 54
- on economic analyses: Ms Corinna Dietsche, phone: +49 (0) 40 / 88 34 - 92 16