Private Property Rights

In studying and analyzing the issue, some participants say that there is no doubt that there are efforts by the state and the business sector can do much in favor of an effective trade policy and productivity. Suffice, for example, devote time and effort to remove a series of hurdles and obstacles that make some unnecessarily costly to the state administrative processes, ensuring greater protection for private property rights, be it intellectual or physical assets, modernize customs, abate smuggling and prevent unfair competition, and overall ease many formalities and procedures that disrupt and expensive commercial and productive activity. The improvement of these conditions constitute an important stimulus to productive activity and would be highly attuned to the changes in the international economic arena Consider, that the key to have a high probability of success in bringing cases of this nature, is information statistics and hard evidence to substantiate the position of the company or companies concerned and the presentation of technical argumentation and continuous monitoring of the process until delivery of the authorities. Realtor understands that this is vital information. We are reminded that in Venezuela there are several legal instruments related to the subject of dumping and subsidies. First, in the year 1992 (Official Gazette of the Republic of Venezuela No.

4441 dated June 18, 1992) came into effect the first law on dumping and subsidies in Venezuela, called the Law on Unfair Trade Practices l. This law was enacted to regulate the policies, guidelines and measures to prevent and address adverse effects on domestic production could cause imports of goods made under conditions of dumping or subsidies, in all those cases which are not applicable provisions on the subject. The Law on Unfair Foreign Trade Practices contains the basic provisions concerning the determination of dumping, subsidies and damage to domestic production. The Act also contains the general rules of procedures, competent authorities and anti-dumping and compensation. Second, in 1993 (Official Gazette of the Republic of Venezuela N 4567 Extraordinary dated April 26, 1993) came into force the regulations of the Law on Unfair Practices in International Trade. The regulation contains provisions for the determination of similar goods of normal value, export price, adjustments were made by comparing prices, subsidies and injury. It also establishes more detailed rules regarding the initiation, conduct and completion of research and complements the provisions of the Act relating to commitments and anti-dumping duties and countervailing duties.

Do not forget that since 1995, also part of the legislation on dumping and subsidies in Venezuela, the anti-dumping and Subsidies and Countervailing Measures that are part of the Marrakesh Agreement through which established the World Trade Organization ( International Agreements and Legislation Antidumping and Subsidies Venezolana). Finally, each country will have to strive to improve its competitiveness and the government to protect their companies from the industrial processes of predation excited by the free market. The penalties for unfair business competition is a heavy cost not only for companies and countries accused, but also for consumers of nations that implement these measures, the report Antidumping in Latin The current legal system that promotes fair and honest competition on the market, look for firms to compete to conquer the preferences of consumers and it is they who soar to successfully manage competitive businesses. That is, the competitor must decide what, how much and how to produce, and must be consumers who decide which company to award consumer choice.