Special Report on
Cabotage in the Andean Group
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Cabotage in the Andean Group - Trends
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The Government of Colombia actively encourages foreign direct investment. In the early 1990s the country began an economic liberalization reform, which provided for national treatment of foreign investors, lifted controls on remittance of profits and capital, and allowed foreign investment in every sector except for defense, national security, and the processing and disposal of toxic, radioactive, or hazardous waste products. Foreign investment in television concessions and nationwide private television operators, radio broadcasting, movie production, maritime agencies, national airlines and shipping companies is limited to ...
If every nation in the world had an air services agreement with every other nation, it would take about 12,500 bilateral agreements to blanket the globe. Now there are just over 4,000, but that is still enough to prompt IATA director general Giovanni Bisignani to lament: "The archaic nature of the current system is no longer relevant to, or useful for, the 21st century reality. The flags on the tail of our aircraft were meant as protection when airlines were primarily an extension of national policy." And, after racking up $50 billion in net losses over the last decade, airlines ... Read More
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CABOTAGE IN THE ANDEAN GROUP
INFORMATION RESOURCES
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Andean group in Agua Calientes
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Andean Group performing in restaurant