Article 16. Consultation and Exchange of Information
The Parties may agree, at any time, at the request of either Party, to consult on the interpretation or application of this Agreement. At the request of either Party, information shall be exchanged on measures of the other Party that may have an impact on new investments, investments or earnings covered by this Agreement.
Article 17. Entry Into Force, Duration. Amendments and Termination
a. This Agreement shall enter into force sixty (60) days after the date of receipt of the last notification made by the Parties, in writing and through diplomatic channels, of the completion of the respective internal legal procedures necessary to that effect.
b. This Agreement shall remain in force for a period of ten (10) years and shall continue in force for a period of ten (10) years unless terminated in accordance with paragraph (d) of this Article.
c. This Agreement may be amended by mutual written consent of the Parties at any time. Amendments shall enter into force in accordance with the same legal procedure prescribed in paragraph a of this Article.
d. In the event of denunciation, such denunciation shall be made in accordance with the applicable rules and principles of customary international law. The provisions of Articles 1 to 16 of this Agreement shall continue in force for a period of five (5) years following the date of denunciation.
Conclusion
Signed in duplicate and original in the Spanish language, in the city of Caracas, Bolivarian Republic of Venezuela, on the third (03) day of February of the year 2023.
NICOLAS MADURO MOROS
President of the Bolivarian Republic of Venezuela
DARIO GERMAN UMAÑA MENDOZA
Minister of Trade, Industry and Tourism