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Venezuela faces claim after insurance currency row

Four Dutch companies have brought an ICSID claim against Venezuela for allegedly expropriating their subsidiary’s insurance business after it refused to make a payout to a Venezuelan state-owned company in the desired currency, US dollars.

Venezuela faces claim after insurance pay-out currency row

Four Dutch companies have brought an ICSID claim against Venezuela for allegedly expropriating their subsidiary’s insurance business after it refused to make a pay-out to a Venezuelan state-owned company in the desired currency, US dollars.

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