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Unformatted text preview: ties affect commercial relations between countries in conflict?¶ One would expect trade levels between the US and Venezuela to have diminished in recent years considering the fiery antiimperialist rhetoric Chavez employed as president. U.S. Census data shows that bilateral trade levels have continued to increase since Chavez first took office in 1999. The annual total of American exports to Venezuela more than doubled from 1998 to 2012, while imports have quadrupled during that time frame to $38 billion. The United States has been a critical market for Venezuelan goods, as exports to the US accounted for over 39% of the country’s total exports in 2012. This has not been dispelled by the fact that these two countries mutually expelled their respective ambassadors in 2008. Domestic and foreign investors are guaranteed the same legal protections under ¶
the current Venezuelan constitution. The same article of protection also states that exceptions are APPEASEMENT DISADVANTAGE
7-WEEK JUNIORS MICHIGAN 2013
CFJPV made for “strategic interests”, including oil and othe...
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- Summer '12