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Transcript of Venezuela ppt
Simrandeep Kaur Dhillon
Abhijith P. Dev
Vivek Vats WHERE IS VENEZUELA? MAP OF VENEZUELA DEMOGRAPHICS LEGAL/REGULATORY ENVIRONMENT Venezuela has common law system which is based on the supremacy of the written law.
TARRIF: The common external tariff is divided in four segments - 5%, 10%, 15%, or 20%. This country is one of the three countries that emerged from the collapse of Gran Colombian in 1830.
First half of the century, country ruled by benevolent military strongman, who promoted the oil industry and Social reforms. Major Past Concerns of Venezuela Venezuela is a country located on the northern coast of South America. MAJOR CITIES OF VENEZUELA POLITICAL CHARACTERISTICS Caracas
Canaima National Park
Angel Falls Currency of Venezuela : Bolivar.
1 Venezuelan Bolivar = 0.231035 CAD
The Central Bank of Venezuela is a public institution that is responsible for monetary policies in Venezuela. Population: 29,278,000
Birth rate: 19.88 births/1,000 population
Death rate: 5.2 deaths/1,000 population
Life expectancy: 74.08 years
Spanish, Italian, Portuguese, Arab, German, African and Indigenous people.
96% Roman Catholic
Languages: Spanish ECONOMIC CHARACTERISTICS Decision-making
Organization Venezuela is officially known as Bolivarian Republic of Venezuela. Flag of Venezuela Official Language : Spanish When Venezuela got Independence? Independence from Spain on 5th July 1811.
Independence from Gran Columbia on 13th January 1830 . Weakening of democratic institutions.
Politicize of Military.
Drugs related violence from the Columbian border.
Unstable Currency .
Price fluctuations .
Irresponsible mining operations endangering the rain forest and indigenous people. Caracas
Maracay Government Type : Federal Republic
Head of the Government:President Hugo Chavez Problems Political disturbance due to change in power and struggle for hierarchy. Currency Type: Bolivares Fuertes (VEB)
GDP : 4.7%
Inflation Rate : 31.6%
Unemployment Rate: 8% Venezuela was Canada’s fourth largest export destination in South America. Trade enviormnet: main with U.S AND OTHER NEIBOURING COUNTRIES.(39.8% U.S)
VENEZUELA IS A MEMBER OF Mercosur which has other four nations such as Bolivia, Colombia, Ecuador and Peru.
In 1995, they created free trade agreement known as G3 with Mexico and Colombia for their major pipeline project.
Oil revenue is the main sourse of revenue. LEGAL BARRIERS :Shipping company must have both the exporters and importers license in order to receive alcohol products. Food products are compulsory to be registered through the ministry of health. ADVERTISEMENT SWOT ANALYSIS The Company will adopt penetrating pricing for setting up a foundation in the Venezuela Market. It will offer initial discounts for promotional offers. Print ads will appear in both lifestyle and business magazines. GEOGRAPHY Key Fact 23 States in Venezuela TOURIST ATTRACTIONS MONETARY POLICIES Objectives of monetary policy Main Objectives are for Fighting Inflation,Contributes to Economic Growth,Help to the Stability of Exchange Rate. Geography Venezuela History Major Past Concerns Map, States & Major Cities Demographics Political Characteristics Tourist Attractions Economic Characteristics Legal/Regulatory Environment Monetary Policy Advertisement SWOT Analysis Conclusion