📝Key Aspects

• Simplification of Procedures: The law streamlines and facilitates export processes, enhancing efficiency and competitiveness.

• Establishment of the Export Promotion Agency: A crucial partner for Venezuelan exporters, offering support, advice, and guidance throughout the export process.

• Fewer Procedures at Ports: Procedures for shipping products are expedited, optimizing logistics and reducing costs.

• Financing: Easier access to credit to boost export activities and enhance business growth.

• Insurance and Guarantees: Increased protection for exporters against risks associated with international trade.

• Tax Relief: Fiscal incentives to encourage exports and improve the competitiveness of Venezuelan companies.

• Boost to the Private Sector: Encourages investment and domestic production for export purposes, diversifying the economy and creating new opportunities.

• Harmonious Development: The law promotes a more balanced and sustainable economic development, reducing dependence on the oil sector.

• Conquest of International Markets: Expands opportunities for placing Venezuelan products abroad, positioning the country on the global stage.

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