Post #2277

🖊OPINION | The Venezuelan Organic Law on Hydrocarbons Venezuelan lawyer, writer, and public intellectual Luis Britto García reviews Caracas’ recent oil reform, arguing that it conflicts with Article 151 of the Constitution by permitting alternative dispute resolution, including independent arbitration, in matters of public interest. He also states that the reform authorizes discretionary reductions in royalties and taxes, potentially decreasing the national fiscal share from 65% to 25%. Read the full opinion piece here 👉🏽https://venezuelanalysis.com/opinion/the-venezuelan-organic-law-on-hydrocarbons/ #PDVSA#Sovereignty#USVenezuelaRelations