Investment Protection · Venezuela · Colombia
The Venezuela-Colombia BIT will enter into force: a new shield for bilateral investment
A two-year ratification process culminating in 2026 — the key milestones
Feb 2023
February 3
Signature
Signed in Caracas
Venezuela and Colombia sign the BIT — an agreement on the promotion and reciprocal protection of investments.
Mar 2023
OG N° 6,738 Ext.
Venezuela
Approved by the National Assembly
Venezuela ratifies the BIT through a law published in Official Gazette No. 6,738 Ext.
Jul 2024
Law 2370
110 votes
110 votes
Colombia
Approved by Congress
Colombia's Congress approves the BIT with 110 votes in favor — Law 2370.
Aug 2025
Decision
C-338/25
C-338/25
Colombia · Constitutional Court
Declared constitutional
Decision C-338/25 clears the last domestic hurdle — the BIT is fully approved.
2026
60 days after notification
Entry into force
The right moment to structure your investment
The BIT provides: fair treatment · protection against expropriation · free transfer of capital · international arbitration.