Open Skies in the LAC Region

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Open Skies in the LAC Region"

Transcription

1 Open Skies in the LAC Region An Opportunity or a Risk? Prepared for: ACI-LAC Montego Bay, Jamaica September,

2 INTRODUCTION Traditional stakeholder opinions about Open Skies are often in conflict, creating tension for regulators AGAINST FOR Home Country Airlines Unions REGULATOR Airports Hotels & Tourism Chamber of Commerce Ministry i of Commerce Exporters/Importers 1

3 CASE STUDIES Chile s government mandated goal of establishing open air service relationships has lead to rapid passenger growth Since 1989, Chile has officially sought to establish greater openness in bilaterals Argentina 1981 No net growth 1990 Passenger growth from just over 100k to 1,100k Open Skies Signed 2010 USA 1989 Passenger growth from just under 200k to almost 700k Progressively liberal bilateral agreements signed 1999 Open Skies Signed 2010 Total Int l 1989 Passenger growth from 925k to 5,014k % of the total international growth took place in two markets: Argentina and the USA US and Argentina Other bilateral partners Number of bilateral agreements Share of total 1989 to 2010 growth Source: ICAO Data, Sept 2011; IATA; Ley de Aviación Comercial de Chile, 1979 and recent amendments 2

4 CASE STUDIES Andean Community opted for a complete open skies policy Markets experienced a boost, airline experience mixed Only full open skies agreement in the region, established 1991 Included unrestricted 3 rd, 4 th and 5 th freedom rights for scheduled passenger/cargo and non-scheduled cargo flights Difference pace of liberalization in different countries Colombia, Venezuela advanced quickly; Peru, Bolivia and Ecuador opted for a gradual/partial opening The policy had a significant impact on aviation in the sub-region Some carriers ceased operations, while others benefited VIASA and AeroPeru ceased operations Avianca increased market shares in the region + 60 Note: Venezuela was originally part of the agreement but withdrew in 2006, Mercosur has an open skies agreement limited to secondary airports with insignificant traffic, no open skies agreement of any kind exists in the Caribbean Sources: ICAO, Andean Community website 3

5 CASE STUDIES In contrast to Caribbean region, US has signed Open Skies with countries in Central America since However, the large US carriers have a minority share in these markets Central America Caribbean Seats per wee ek Total Market US carriers US Signs agreements with Guatemala, El Salvador, Panama, Honduras, Nicaragua and Costa Rica Seats per wee ek Total Market US carriers US Carriers Capacity share % % Since the agreement was signed with the Central American countries in 1997, COPA and TACA Airlines have expanded and maintained a healthy 30% capacity share between the two airlines on these routes 4

6 CASE STUDIES Several Caribbean states have opted for extra-regional liberalization regional traffic remains heavily restricted Open Skies agreements with multiple states outside the region Jamaica aims to finalize deals with Switzerland, Turkey and Brazil among others Barbados agreement with the United States is not in effect at this point In the meantime, regional protectionism persists: REDjet example LCC startup has struggled to obtain landing rights Now given permission establish connections between Barbados, Trinidad, Guyana, Jamaica and Antigua Continued protectionism keeps fares artificially high and limits potential traffic growth Note: IATA traffic growth forecasts predicts Central America to grow twice as fast as the Caribbean 5

7 CASE STUDIES Emirates expansion in Germany illustrates the benefits of liberalization for competitive carriers from small countries Bilateral agreement in mid-1990s entitled Emirates to 3 freely chosen destinations in Germany In 2002, Emirates was granted a 4 th destination Current service to (as of September 2011) Frankfurt (2x daily with 777s) Munich (2x daily with 777 and A330) Dusseldorf (2x daily with 777 and A330) Hamburg (2x daily with 777s) Emirates is seeking to gain access to 2 additional destinations (Berlin and Stuttgart) 100,000 80,000 60,000 40,000 20,000 German ministry of transport has so far rejected 100% Lufthansa s s general concern about losing traffic 79% 80% on important routes to Asia and Africa to Emirates 60% The Hamburg-Jakarta example shows Emirates role in what Lufthansa considers its backyard 40% Source: OAG, IATA PaxIS On this route, both carriers offer 1 daily frequency with a transfer at their respective hub (e.g FRA and DXB) - 20% Monthly One-way seats (September of each year) EK (Germany) LH (UAE) LH (DXB) 2002: 4 th EK destination % Market shares on example route (Hamburg Jakarta) EK 9% 7% 3% 1% KL 6

8 HOW TO HANDLE HOW TO CALCULATE THE BENEFITS AND RISKS Use airline industry data and modeling techniques to quantify the effect of liberalized bilaterals/open skies on Each airline from each country in the affected markets For each route that may be affected Use standard industry techniques to model the Economic Impact of additional air service for each community including Employment Visitors Residual Spending Economic Investment Upside and downside for home country airlines Are they healthy today? Is there a reason to give them favored treatment? Make an analytical case for the right level of bilateral opening 7

9 CONCLUSION Open skies generally lead to significant traffic increases while other effects vary from one country to another Open skies lead to substantial increases in capacity and stimulates demand growth Competitive airlines from small countries can benefit from access to larger markets Open skies do not necessarily lead to a crowding out of local carriers by foreign competitors Protecting unhealthy airlines by resisting open skies just delays inevitable it failure and deprives the country of vital air service, visitors and commerce 8

10 THANK YOU! 9

Obtaining Finance in Latin America and the Caribbean 1

Obtaining Finance in Latin America and the Caribbean 1 Obtaining Finance in Latin America and the Caribbean 1 World Bank Group latin America and the Caribbean Series Note No. REV. 8/14 Basic Definitions Countries surveyed in and how they are grouped for analysis:

More information

Open access policies: What can we learn from Latin America? Roxana Barrantes Instituto de Estudios Peruanos

Open access policies: What can we learn from Latin America? Roxana Barrantes Instituto de Estudios Peruanos Open access policies: What can we learn from Latin America? Roxana Barrantes Instituto de Estudios Peruanos 8.00 GDP growth 1999 2009 (percetual variation) 6.00 4.00 2.00 0.00-2.00-4.00-6.00 1999 2000

More information

Evolution of EU exports and imports of goods with CELAC, 2004-2014 (in billion)

Evolution of EU exports and imports of goods with CELAC, 2004-2014 (in billion) 100/2015-9 June 2015 EU Community of Latin American and Caribbean States (CELAC) summit CELAC represents the fifth most important trading partner of the EU More than 200 bn total trade The 28 Member States

More information

INTERNATIONAL FACTORING

INTERNATIONAL FACTORING INTERNATIONAL FACTORING November 3, 2011 1 L. Gabriel Segura President and founding officer of CVCredit Inc, a Miami-based company which focuses in USA-domestic and international factoring services. Nine

More information

Cooperation Agreements for SAR Service and COSPAS-SARSAT STATUS OF SAR AGREEMENTS IN THE NAM/CAR/SAM REGIONS. (Presented by the Secretariat) Summary

Cooperation Agreements for SAR Service and COSPAS-SARSAT STATUS OF SAR AGREEMENTS IN THE NAM/CAR/SAM REGIONS. (Presented by the Secretariat) Summary SAR/NAM/CAR/SAM WP/08 International Civil Aviation Organization 07/04/09 Search and Rescue (SAR) Meeting for the North American, Caribbean and South American Regions (SAR/NAM/CAR/SAM) (Puntarenas, Costa

More information

NZQA registered unit standard 26462 version 1 Page 1 of 6

NZQA registered unit standard 26462 version 1 Page 1 of 6 Page 1 of 6 Title Demonstrate knowledge of Central American and/or South American countries as tourist destinations Level 3 Credits 8 Purpose People credited with this unit standard are able to: locate

More information

Coordinating national investment promotion with subnational investment promotion

Coordinating national investment promotion with subnational investment promotion . Coordinating national investment promotion with subnational investment promotion Investment climate, World Bank Global Market Access from an International Economy Spain: your partner in Europe Business

More information

Economic Analysis Section Sustainability, Planning & Economic Enhancement Page 1

Economic Analysis Section Sustainability, Planning & Economic Enhancement Page 1 Robert D. Cruz, PhD, Chief Economist cruzr1@miamidade.gov Robert Hesler, Sr. Economic Analyst heslerr@miamidade.gov www.miamidade.gov/oedit Sustainability, Planning & Economic Enhancement Page 1 International

More information

The Economic Impact of a U.S. Slowdown on the Americas

The Economic Impact of a U.S. Slowdown on the Americas Issue Brief March 2008 Center for Economic and Policy Research 1611 Connecticut Ave, NW Suite 400 Washington, DC 20009 tel: 202-293-5380 fax:: 202-588-1356 www.cepr.net The Economic Impact of a U.S. Slowdown

More information

Puerto Rico 2016 SERVICES AND RATES

Puerto Rico 2016 SERVICES AND RATES SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation

More information

FREE TRADE AND MEXICO S MEAT SECTOR. September 27, 2012

FREE TRADE AND MEXICO S MEAT SECTOR. September 27, 2012 FREE TRADE AND MEXICO S MEAT SECTOR September 27, 2012 Contents I. Trade Agreements signed by Mexico II. Benefits of Foreign Trade III. External Challenges of Foreign Trade IV. Foreign Trade and the Mexican

More information

REPORT OF THE KNOWLEDGE TRANSFER NETWORK*

REPORT OF THE KNOWLEDGE TRANSFER NETWORK* Distr. LIMITED LC/L.3379(CEA.6/7) 19 October 2011 ENGLISH ORIGINAL: SPANISH Sixth meeting of the Statistical Conference of the Americas of the Economic Commission for Latin America and the Caribbean Bávaro,

More information

Sub- Regional Workshop and Consulta;ons on Capacity- Building in Travel Document Security: Colombia, 2013

Sub- Regional Workshop and Consulta;ons on Capacity- Building in Travel Document Security: Colombia, 2013 Sub- Regional Workshop and Consulta;ons on Capacity- Building in Travel Document Security: Colombia, 2013 Carlos Gómez Head of R&D and Innova.on, FNMT- RCM, Spain ICAO TRIP: Building Trust in Travel Document

More information

New Zealand s international air transport policy discussion document - Tourism New Zealand comments

New Zealand s international air transport policy discussion document - Tourism New Zealand comments New Zealand s international air transport policy discussion document - Tourism New Zealand comments Date: 18 June 2012 Objective What should the objective of New Zealand s international air transport policy

More information

Fall 2015 International Student Enrollment

Fall 2015 International Student Enrollment Fall 2015 International Student Enrollment Prepared by The Office of International Affairs Nova Southeastern University Nova Southeastern University International Student Statistics Fall 2015 International

More information

2. Expansion of network / Enhance Competition:

2. Expansion of network / Enhance Competition: ADVANTAGES: Africa which could lead to an increase of tourists to South Africa and the creation of new business opportunities. Trade could also benefit through the availability of new airfreight links.

More information

Argentina s Economy: A death foretold again, or a surprise rescue? Claudio M. Loser Centennial- Latin America March 2014

Argentina s Economy: A death foretold again, or a surprise rescue? Claudio M. Loser Centennial- Latin America March 2014 Argentina s Economy: A death foretold again, or a surprise rescue? Claudio M. Loser Centennial- Latin America March 214 Argentine performance tended to be ahead the world and even the Emerging Economies

More information

Aviation Policy at 20 Years: Accomplishments, Challenges and the Need for Further Change

Aviation Policy at 20 Years: Accomplishments, Challenges and the Need for Further Change Aviation Policy at 20 Years: Accomplishments, Challenges and the Need for Further Change ATAC AGM 14 November 2012 Presentation by Gerry Bruno, Group CEO InterVISTAS Consulting 20 Year Accomplishments

More information

Recognition of Judgments 2016

Recognition of Judgments 2016 The United Nations High Commissioner for Refugees, Sin Fronteras, the Inter-American Commission on Human Rights, and the Asociación Mexicana de Impartidores de Justicia A.C. CALL FOR PROPOSALS Recognition

More information

Produced for the OFFICE OF NATIONAL DRUG CONTROL POLICY

Produced for the OFFICE OF NATIONAL DRUG CONTROL POLICY Produced for the OFFICE OF NATIONAL DRUG CONTROL POLICY Cocaine Smuggling in 2010 Cocaine Flow toward the United States The amount of cocaine departing South America decreased in 2010 for a third straight

More information

Preventing through education

Preventing through education Ministerial Declaration Preventing through education The Ministerial Declaration Preventing through Education, was approved in Mexico City in the framework of the 1st Meeting of Ministers of Health and

More information

UNIDAD DE PROTECCIÓN A LA CAPA DE OZONO - MÉXICO

UNIDAD DE PROTECCIÓN A LA CAPA DE OZONO - MÉXICO MAIN MEETING OF THE OZONACTION NETWORK FOR THE LATIN AMERICA AND THE CARIBBEAN OCTOBER 6-8 2010. Mexico, D.F. LOGISTICS INFORMATION GUIDE Place and date of the Meeting The meeting will take place from

More information

Recommendations for implementing sustainable energy activities in the regions: LAC

Recommendations for implementing sustainable energy activities in the regions: LAC Recommendations for implementing sustainable energy activities in the regions: LAC NESTOR LUNA DIRECTOR OF STUDIES AND PROJECTS ICSU: GLOBAL REGIONAL INTEGRATION WORSHOP ON SUSTAINABLE ENERGY April 9th,

More information

Health Care Expenditure and Financing in Latin America and the Caribbean [Fact sheet]

Health Care Expenditure and Financing in Latin America and the Caribbean [Fact sheet] Health Care Expenditure and Financing in Latin America and the Caribbean [Fact sheet] December 2012 Overview of Health Expenditure and Financing Current Situation and Trends In 2011, the national or total

More information

APEC Information Privacy Principles in the Development of Outsourcing Business: Contact Center in Peru

APEC Information Privacy Principles in the Development of Outsourcing Business: Contact Center in Peru 2008/SOM1/ECSG/SEM/018 APEC Information Privacy Principles in the Development of Outsourcing Business: Contact Center in Peru Submitted by: Peru Technical Assistance Seminar on International Implementation

More information

Senate Committee: Education and Employment. QUESTION ON NOTICE Budget Estimates 2015-2016

Senate Committee: Education and Employment. QUESTION ON NOTICE Budget Estimates 2015-2016 Senate Committee: Education and Employment QUESTION ON NOTICE Budget Estimates 2015-2016 Outcome: Higher Education Research and International Department of Education and Training Question No. SQ15-000549

More information

BRAIN DRAIN IN LATIN AMERICA*

BRAIN DRAIN IN LATIN AMERICA* UN/POP/EGM-MIG/2005/10 5 February 2006 EXPERT GROUP MEETING ON INTERNATIONAL MIGRATION AND DEVELOPMENT IN LATIN AMERICA AND THE CARIBBEAN Population Division Department of Economic and Social Affairs United

More information

Mathematics in Latin America and the Caribbean:

Mathematics in Latin America and the Caribbean: Mathematics in Latin America and the Caribbean: Project Proposals Commission for Developing Countries, International Mathematical Union I. Name of the project: Central American Regional Doctoral Program

More information

Appendix 1: Full Country Rankings

Appendix 1: Full Country Rankings Appendix 1: Full Country Rankings Below please find the complete rankings of all 75 markets considered in the analysis. Rankings are broken into overall rankings and subsector rankings. Overall Renewable

More information

FAA International Strategies 2010 to 2014 Western Hemisphere Region

FAA International Strategies 2010 to 2014 Western Hemisphere Region Federal Aviation Administration FAA International Strategies 2010 to 2014 Western Hemisphere Region The Western Hemisphere portfolio includes North America, Central America, South America, and the Caribbean.

More information

Know the Facts. Aon Hewitt Country Profiles can help: Support a decision to establish or not establish operations in a specific country.

Know the Facts. Aon Hewitt Country Profiles can help: Support a decision to establish or not establish operations in a specific country. Aon Hewitt Country Profiles Your eguide to employment requirements and practices Profiles for nearly 90 countries worldwide Risk. Reinsurance. Human Resources. Know the Facts Whether you are a newcomer

More information

Capacity building for non communicable disease prevention and control in Latin America and Caribbean

Capacity building for non communicable disease prevention and control in Latin America and Caribbean Capacity building for non communicable disease prevention and control in Latin America and Caribbean Advances and challenges Branka Legetic, Anselm Hennis Pan American Health Organization- World Health

More information

Agrimonitor: PSE Agricultural Policy Monitoring System in LAC INE/RND

Agrimonitor: PSE Agricultural Policy Monitoring System in LAC INE/RND Agrimonitor: PSE Agricultural Policy Monitoring System in LAC INE/RND WHAT POLICY MONITORING IS,WHY IS IMPORTANT AND WHAT HAS ALREADY BEEN DONE IN OUR COUNTRIES? Monitor and evaluate developments in agricultural

More information

Global Network Access International Access Rates

Global Network Access International Access Rates Global Network Access International Access Rates We know that you need to communicate with your partners, colleagues and customers around the world. We make every effort to understand the difficulties

More information

Avoiding Crime in Latin America and the Caribbean 1

Avoiding Crime in Latin America and the Caribbean 1 Avoiding Crime in Latin America and the Caribbean 1 WORLD BANK GROUP LATIN AMERICA AND THE CARIBBEAN SERIES NOTE NO. 7 REV. 8/2014 Basic Definitions Countries surveyed in 2010 and how they are grouped

More information

Colombia in the world

Colombia in the world Colombia in the world Proexport around the world Process of attracting Foreign Direct Investment Proexport offers detailed and professional assistance for investors that find interesting business opportunities

More information

Latin America s s Foreign Debt

Latin America s s Foreign Debt Latin America s s Foreign Debt Causes and Effects Internal Causes of the Debt Overvalued currency associated with ISI Returns on projects in future, but payments now: Debt trap Populist economic policies:

More information

Education and Training

Education and Training Education and Training Education The William J. Harrington Medical Training Programs for Latin America and the Caribbean 1967 August 2011 Total 3939 Residency Program for Internal Medicine 397 Elective

More information

Routes Development in Lima

Routes Development in Lima Routes Development in Lima November, 2008 Contents Ideal location First Steps Initial Conclusions Strategy Marketing activities Results Challenges 1 PERU, A SHORT OVERVIEW Peru is ideally situated PERU

More information

Information for applicants from Latin America and the Caribbean for study commencing in 2014

Information for applicants from Latin America and the Caribbean for study commencing in 2014 Information for applicants from Latin America and the Caribbean for study commencing in 2014 Development Scholarships The Development Scholarships (NZDS) scheme offers the opportunity to people from targeted

More information

Table 1. Growth of Latin American and Caribbean Medical Schools

Table 1. Growth of Latin American and Caribbean Medical Schools Table 1. Growth of Latin American and Caribbean Medical Schools Country 1969 1975 1988 1992 2004 Argentina 9 9 9 13 24 Antigua and Barbuda 1 Bolivia 3 3 3 7 10 Belize 2 Brazil 30 75 78 80 112 Chile 4 10

More information

Goal 4. Reduce child mortality

Goal 4. Reduce child mortality Goal 4. Reduce child mortality 4.1. Introduction Target 4.A of MDG 4 reads: Reduce by two-thirds, between 1990 and 2015, the under-five mortality rate. Monitoring of this Goal consists of three indicators

More information

University of Twente Business Travel Reimbursement Scheme

University of Twente Business Travel Reimbursement Scheme University of Twente Business Travel Reimbursement Scheme Kenmerk: 401.829/HR Datum: 11-03-2014 Auteur: Miessen Index ARTICLE 1 DEFINITIONS... 2 ARTICLE 2 APPLICABILITY... 2 ARTICLE 3 GENERAL PROVISIONS...

More information

Support Material. May 2012

Support Material. May 2012 Support Material May 2012 FORWARD-LOOKING STATEMENTS This document contains forward-looking statements, including with respect to the negotiation, implementation and effects of the proposed combination.

More information

Preparing Tomorrow's Teachers with Web 2.0 Tools and 21st Century Skills 1

Preparing Tomorrow's Teachers with Web 2.0 Tools and 21st Century Skills 1 Professional Development Scholarship Program Preparing Tomorrow's Teachers with Web 2.0 Tools and 21st Century Skills 1 OAS/DHDEC/CIR.031/2012 1) Study venue: The course will be delivered entirely online

More information

Visa Information. New Document

Visa Information. New Document Visa Information New Document To request for an invitation letter for visa application, please email your name, company/affiliation, country, and registration number to registration@apricot2009.net Visa-Exempt

More information

International Civil Aviation Organization WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING. Montréal, 18 to 22 March 2013

International Civil Aviation Organization WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING. Montréal, 18 to 22 March 2013 International Civil Aviation Organization 14/2/13 WORKING PAPER WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING Montréal, 18 to 22 March 2013 Agenda Item 2: Examination of key issues and regulatory

More information

INFORMATION NOTE Nº 2

INFORMATION NOTE Nº 2 CE/83/Note Inf. 2 Madrid, May 2008 Original: English Eighty-third session Jeju, Republic of Korea, 13-14 June 2008 INFORMATION NOTE Nº 2 1. PLACE AND DATES OF THE SESSION In accordance with decision CE/DEC/5(LXXXII),

More information

Randy Tinseth. Current Market Outlook. Vice President, Marketing. Boeing Commercial Airplanes July 2014. July 2014

Randy Tinseth. Current Market Outlook. Vice President, Marketing. Boeing Commercial Airplanes July 2014. July 2014 Current Market Outlook 2015 Boeing Commercial Airplanes July 2014 The statements contained herein are based on good faith assumptions and are to be used for general information purposes only. These statements

More information

SUBCOMMITTEE ON PLANNING AND PROGRAMMING OF THE EXECUTIVE COMMITTEE

SUBCOMMITTEE ON PLANNING AND PROGRAMMING OF THE EXECUTIVE COMMITTEE PAN AMERICAN HEALTH ORGANIZATION WORLD HEALTH ORGANIZATION SUBCOMMITTEE ON PLANNING AND PROGRAMMING OF THE EXECUTIVE COMMITTEE 31st Session, 23-24 November 1998 Provisional Agenda Item 8 SPP31/8, Rev.1

More information

Business Phone. Product solutions. Key features

Business Phone. Product solutions. Key features Product solutions Enjoy free calls and significant savings on your business landline bills with from International. Set-up is simple and you don t need to change your existing telephone numbers, plus there

More information

U.S. Salary Increase Survey Highlights

U.S. Salary Increase Survey Highlights Consulting Performance, Reward & Talent 2012 2013 U.S. Salary Increase Survey Highlights We ask each participating company to treat these survey findings with the greatest confidence. The findings are

More information

Region Country AT&T Direct Access Code(s) HelpLine Number. Telstra: 1 800 881 011 Optus: 1 800 551 155

Region Country AT&T Direct Access Code(s) HelpLine Number. Telstra: 1 800 881 011 Optus: 1 800 551 155 Mondelēz International HelpLine Numbers March 22, 2013 There are many ways to report a concern or suspected misconduct, including discussing it with your supervisor, your supervisor s supervisor, another

More information

Articles 17 to 21 on nationality and registration of aircraft;

Articles 17 to 21 on nationality and registration of aircraft; THE CHICAGO CONFERENCE DOCUMENTS By George Firican The Chicago Conference, held from 1 November to 7 December 1944, produced, inter alia, three major agreements of significance to the multilateral regulation

More information

The Healthcare and Health Tourism. Sector

The Healthcare and Health Tourism. Sector The Healthcare and Health Tourism Sector Introduction For Bancolombia being an ally of healthcare institutions means to accompany, advise, and offer alternatives to make your projects become a reality.

More information

Education Goals in the Latin American and Caribbean Region. Compiled by Lorecia Roland LAC Education and Human Resources Technical Services Project

Education Goals in the Latin American and Caribbean Region. Compiled by Lorecia Roland LAC Education and Human Resources Technical Services Project Education Goals in the Latin American and Caribbean Region Compiled by Lorecia Roland LAC Education and Human Resources Technical Services Project 1994 Acknowledgements In preparation for the December

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

International Financial Reporting Standards

International Financial Reporting Standards International Financial Reporting Standards Of Growing Importance for U.S. Companies Assurance Services there is no longer a choice Three factors may influence your need to consider IFRS. First, many organizations

More information

Japan s Economic Partnership Agreement (EPA)

Japan s Economic Partnership Agreement (EPA) Japan s Economic Partnership Agreement (EPA) Customs & Tariff Bureau, MOF JAPAN May 30 2008 1 2002 Entered into force in November Japan s Current Status of EPA/FTA negotiations Preliminary discussions

More information

Introducing GlobalStar Travel Management

Introducing GlobalStar Travel Management Introducing GlobalStar Travel Management GlobalStar is a worldwide travel management company owned and managed by local entrepreneurs. In total over 80 market leading enterprises, representing over US$13

More information

Accounting Education in Latin America and the Caribbean

Accounting Education in Latin America and the Caribbean REPARIS A REGIONAL PROGRAM Accounting Education in Latin America and the Caribbean Henri Fortin, Program Manager, CFRR THE ROAD TO EUROPE: PROGRAM OF ACCOUNTING REFORM AND INSTITUTIONAL STRENGTHENING (REPARIS)

More information

FCPA and Anti-Corruption in Latin America

FCPA and Anti-Corruption in Latin America FCPA and Anti-Corruption in Latin America May 2011 FCPA Enforcement "FCPA enforcement is stronger than it's ever been and getting stronger. We are in a new era of FCPA enforcement; and we are here to stay."

More information

The Pharmaceutical & Healthcare Industry in Latin America

The Pharmaceutical & Healthcare Industry in Latin America Citi s Online Academy Presents: The Pharmaceutical & Healthcare Industry in Latin America Jamie Davies Head of Pharmaceuticals & Healthcare Business Monitor International Oscar Mazza Consumer & Healthcare

More information

Survey of LAC agricultural research institutes on technical information management.

Survey of LAC agricultural research institutes on technical information management. Survey of LAC agricultural research institutes on technical information management. FORAGRO Technical Secretariat Area of Technology and Innovation Directorate of Technical Leadership and Knowledge Management,

More information

Logix5000 Clock Update Tool V2.00.36. 12/13/2005 Copyright 2005 Rockwell Automation Inc., All Rights Reserved. 1

Logix5000 Clock Update Tool V2.00.36. 12/13/2005 Copyright 2005 Rockwell Automation Inc., All Rights Reserved. 1 Logix5000 Clock Update Tool V2.00.36. 1 Overview Logix5000 Clock Update Tool 1. 1. What is is it? it? 2. 2. How will it it help me? 3. 3. How do do I I use it? it? 4. 4. When can I I get get it? it? 2

More information

Dial 00-800-0010, when prompted to enter calling number, enter 800-544-6666 American Samoa 1-800-544-6666 Number can be dialed directly Angola 0199

Dial 00-800-0010, when prompted to enter calling number, enter 800-544-6666 American Samoa 1-800-544-6666 Number can be dialed directly Angola 0199 National Financial Services International Calling Instructions Albania 00-800-0010 Dial 00-800-0010, when prompted to enter American Samoa 1-800-544-6666 Number can be dialed directly Angola 0199 Dial

More information

Economic Benefits from Air Transport in Germany

Economic Benefits from Air Transport in Germany Economic Benefits from Air Transport in Germany Acknowledgements Oxford Economics gratefully acknowledges the help that we received from the International Air Transport Association (IATA) in preparation

More information

International Civil Aviation Organization WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING. Montréal, 18 to 22 March 2013

International Civil Aviation Organization WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING. Montréal, 18 to 22 March 2013 International Civil Aviation Organization ATConf/6-WP/11 10/12/12 WORKING PAPER WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING Montréal, 18 to 22 March 2013 Agenda Item 2: Examination of key

More information

TIAC Position on Open Skies Policy in Canada Executive Summary: Points of Consideration for TIAC

TIAC Position on Open Skies Policy in Canada Executive Summary: Points of Consideration for TIAC TIAC Position on Open Skies Policy in Canada Executive Summary: Points of Consideration for TIAC As Canada is increasingly becoming a fly-to tourist destination, the country s air service agreements (ASAs)

More information

Energy Briefing: Global Crude Oil Demand & Supply

Energy Briefing: Global Crude Oil Demand & Supply Energy Briefing: Global Crude Oil Demand & Supply November 6, 215 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the

More information

Human Resources Development and Training in Comprehensive Evaluation

Human Resources Development and Training in Comprehensive Evaluation Human Resources Development and Training in Comprehensive Evaluation Cuarto Foro Global de los Centros para el Aprendizaje en Evaluación y Resultados (CLEAR) November 19, 2013 Conduct evaluations Train

More information

YTD 2015-27 CS AWARDS IN AMERICAS

YTD 2015-27 CS AWARDS IN AMERICAS YTD 2015-27 CS AWARDS IN AMERICAS Argentina Bolivia Brazil Frontline Customer Service Team of the Year, All Industries (Bronze) Customer Service Department of the Year, Airlines, Distribution & Transportation

More information

SECURING FLORIDA S FUTURE WWW.FLORIDACHAMBER.COM. Securing Florida s

SECURING FLORIDA S FUTURE WWW.FLORIDACHAMBER.COM. Securing Florida s Securing Florida s Florida A State of Change Florida Trade and Logistics Study Phase I (2010) Document existing and project future trade flows Recommend strategies for Florida to compete globally Phase

More information

Installing New Software Using the Online Installer (Backup and Restore Required)

Installing New Software Using the Online Installer (Backup and Restore Required) Installing New Software Using the Online Installer (Backup and Restore Required) Last Updated: September 7, 2010 This chapter provides procedures for installing a new version of the Cisco Video Management

More information

POVERTY WITHIN CONTINENTS

POVERTY WITHIN CONTINENTS POVERTY WITHIN CONTINENTS The poverty maps we used to identify hunger hotspots throughout Africa were the main source of data for identifying the Millennium Villages. The maps acted as an organizing principle

More information

Japan s New INTERNATIONAL AVIATION POLICY

Japan s New INTERNATIONAL AVIATION POLICY Japan s New INTERNATIONAL AVIATION POLICY Yoshiro TAGUCHI Deputy Director, Japan Civil Aviation Bureau (JCAB) 19 June 2010, IATA SC126 Background Ministry of Land, Infrastructure, Transport and Tourism

More information

Strengthening of the medicines quality control laboratories in the region of the Americas and the support of AMI/RAVREDA

Strengthening of the medicines quality control laboratories in the region of the Americas and the support of AMI/RAVREDA Pan American Health Organization XI Annual Evaluation Meeting AMI/RAVREDA Antigua Guatemala, March 19-23, 2012 SESSION 5: Quality of the ANTIMALARIALS Strengthening of the medicines quality control laboratories

More information

Improving the Delivery of Aviation Permits for Foreign Registered Aircraft - Summary of Consultation Responses and the Government s Decision

Improving the Delivery of Aviation Permits for Foreign Registered Aircraft - Summary of Consultation Responses and the Government s Decision Improving the Delivery of Aviation Permits for Foreign Registered Aircraft - Summary of Consultation Responses and the Government s Decision The purpose of this Consultation was to invite views on two

More information

Excerpt Sudan Fixed Telecommunications: Low Penetration Rates Get a Boost from Broadband Internet and VoIP Services

Excerpt Sudan Fixed Telecommunications: Low Penetration Rates Get a Boost from Broadband Internet and VoIP Services Excerpt Sudan Fixed Telecommunications: Low Penetration Rates Get a Boost from Broadband Internet and VoIP Services This report is part of Pyramid Research s series of Africa & Middle East Country Intelligence

More information

Global Dialing Comment. Telephone Type. AT&T Direct Number. Access Type. Dial-In Number. Country. Albania Toll-Free 00-800-0010 888-426-6840

Global Dialing Comment. Telephone Type. AT&T Direct Number. Access Type. Dial-In Number. Country. Albania Toll-Free 00-800-0010 888-426-6840 Below is a list of Global Access Numbers, in order by country. If a Country has an AT&T Direct Number, the audio conference requires two-stage dialing. First, dial the AT&T Direct Number. Second, dial

More information

Supplement to the Guide to Benefits Gold Card Only Policy Language Changes for 2016 Renewal

Supplement to the Guide to Benefits Gold Card Only Policy Language Changes for 2016 Renewal Supplement to the Guide to Benefits Gold Card Only Policy Language Changes for 2016 Renewal Gold MasterCard Gold Credit Card Program Supplement Guide to Benefits Important information: Please read and

More information

Chapter3. Human Opportunities in a Global Context: Benchmarking LAC to Other Regions of the World

Chapter3. Human Opportunities in a Global Context: Benchmarking LAC to Other Regions of the World Chapter3 73 Human Opportunities in a Global Context: Benchmarking LAC to Other Regions of the World 74 Chapter 3 Human Opportunities in a Global Context: Benchmarking LAC to Other Regions of the World

More information

PMTC Production Management Training Course. Prepared by Gökhan Çelikliay

PMTC Production Management Training Course. Prepared by Gökhan Çelikliay PMTC Production Management Training Course 05.07-31.07.2010 About AOTS The Association for Overseas Technical Scholarship (AOTS) was established in 1959 with the support of Ministry of Economy, Trade and

More information

ACI Airport Statistics and Forecasting Workshop AVIATION STATISTICS & DATA: A VITAL TOOL FOR THE DECISION MAKING PROCESS Narjess Teyssier ICAO Chief Economic Analysis & Policy Section London, 3 rd March

More information

UNITED NATIONS ECONOMIC COMMISSION FOR LATIN AMERICA AND THE CARIBBEAN - ECLAC

UNITED NATIONS ECONOMIC COMMISSION FOR LATIN AMERICA AND THE CARIBBEAN - ECLAC UNITED NATIONS ECONOMIC COMMISSION FOR LATIN AMERICA AND THE CARIBBEAN - ECLAC Distr. LIMITED LC/L.2318(CEA.2005/8) 26 April 2005 ENGLISH ORIGINAL: SPANISH Third meeting of the Statistical Conference of

More information

Air connectivity opportunities in 2016 and beyond 38 th Annual Hotel Conference

Air connectivity opportunities in 2016 and beyond 38 th Annual Hotel Conference REPUBLIC OF CYPRUS Ministry of Transport, Communications and Works. 2 nd of February 2016 Air connectivity opportunities in 2016 and beyond 38 th Annual Hotel Conference Airport traffic in 2015 at record

More information

CONVENTION FOR THE UNIFICATION OF CERTAIN RULES FOR INTERNATIONAL CARRIAGE BY AIR DONE AT MONTREAL ON 28 MAY 1999

CONVENTION FOR THE UNIFICATION OF CERTAIN RULES FOR INTERNATIONAL CARRIAGE BY AIR DONE AT MONTREAL ON 28 MAY 1999 State CONVENTION FOR THE UNIFICATION OF CERTAIN RULES FOR INTERNATIONAL CARRIAGE BY AIR DONE AT MONTREAL ON 28 MAY 1999 Entry into force: The Convention entered into force on 4 November 2003*. Status:

More information

Session ME302 Airline Routes: How You Can Influence Their Development Paul Ouimet

Session ME302 Airline Routes: How You Can Influence Their Development Paul Ouimet strategic transportation & tourism solutions Session ME302 Airline Routes: How You Can Influence Their Development Paul Ouimet 49 th ICCA Congress & Exhibition October 25, 2010 Presentation Outline 1.

More information

1Q 2016 UPDATE TRADE TREND ESTIMATES LATIN AMERICA AND THE CARIBBEAN 2016 EDITION. Coordinated by Paolo Giordano. Integration and Trade Sector

1Q 2016 UPDATE TRADE TREND ESTIMATES LATIN AMERICA AND THE CARIBBEAN 2016 EDITION. Coordinated by Paolo Giordano. Integration and Trade Sector 1Q 2016 UPDATE TRADE TREND ESTIMATES LATIN AMERICA AND THE CARIBBEAN 2016 EDITION Coordinated by Paolo Giordano Integration and Trade Sector Trade Trend Estimates Latin America and the Caribbean 2016

More information

MOBILE BROADBAND GROWTH IN LATIN AMERICA

MOBILE BROADBAND GROWTH IN LATIN AMERICA 11-12 Nov, 2014 MOBILE BROADBAND GROWTH IN LATIN AMERICA JOSE F. OTERO DIRECTOR LATIN AMERICA & CARIBBEAN 4G Americas 4G AMERICAS 4G Americas will advocate for and foster the advancement and full capabilities

More information

Competitiveness Depends on Good Products and Enlightened Domestic Farm and Trade Policies. Marietta Bernot Senior Trade Advisor, Mars Inc.

Competitiveness Depends on Good Products and Enlightened Domestic Farm and Trade Policies. Marietta Bernot Senior Trade Advisor, Mars Inc. Competitiveness Depends on Good Products and Enlightened Domestic Farm and Trade Policies Marietta Bernot Senior Trade Advisor, Mars Inc. Mars is a family owned United States company headquartered in McLean,

More information

I. World trade developments

I. World trade developments I. World trade developments The value of world merchandise exports increased by 20 per cent in 2011 while exports of commercial services grew by 11 per cent. Key developments in 2011: a snapshot Trade

More information

The World Market for Medical, Surgical, or Laboratory Sterilizers: A 2013 Global Trade Perspective

The World Market for Medical, Surgical, or Laboratory Sterilizers: A 2013 Global Trade Perspective Brochure More information from http://www.researchandmarkets.com/reports/2389480/ The World Market for Medical, Surgical, or Laboratory Sterilizers: A 2013 Global Trade Perspective Description: This report

More information

Opportunities and risks for Start up airlines in Africa

Opportunities and risks for Start up airlines in Africa Opportunities and risks for Start up airlines in Africa Nairobi, March 2012 Disclaimer This document was created for the exclusive use of AFRAA. It is only complete in conjunction with the underlying detailed

More information

Overview of CAAM-HP and its Achievements

Overview of CAAM-HP and its Achievements Overview of CAAM-HP and its Achievements Presented at the 10 th Anniversary Conference of the CAAM-HP July 28-30, 2014 Montego Bay, JAMAICA Lorna Parkins Executive Director The Caribbean GULF OF MEXICO

More information

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 Global salary rises up compared to last year But workers in key emerging markets will experience real wage cuts Increase in

More information

Business Solutions / Value Added Services

Business Solutions / Value Added Services A Multimedia Company Digital Voice Communications Internet Services wifi. works Satellite Business Solutions / Value Added Services KONTAK ONE MANAGEMENT EXCHANGE, INC. NTC licensed VOIP provider since

More information

Cisco Global Cloud Index Supplement: Cloud Readiness Regional Details

Cisco Global Cloud Index Supplement: Cloud Readiness Regional Details White Paper Cisco Global Cloud Index Supplement: Cloud Readiness Regional Details What You Will Learn The Cisco Global Cloud Index is an ongoing effort to forecast the growth of global data center and

More information

Receivables Management Solutions

Receivables Management Solutions Receivables Management Solutions Unlock trapped liquidity, reduce costs and make collections more predictable Citi Transaction Services Latin America and Mexico Citi Transaction Services Latin America

More information

FedEx Ship Manager. New Features. Version 2350

FedEx Ship Manager. New Features. Version 2350 FedEx Ship Manager New Features Version 2350 Support Information FedEx Ship Manager Installation During the installation, turn off any virus protection or firewall programs on your PC. These programs may

More information