Taxonomy: Sector Affected - 73
Air transport services
Fiji: Nationalisation of National Carrier Air Pacific
Description
On March 26, 2012, Fiji’s military authorities issued Decree No. 26 of 2012 to seize Air Pacific. Air Pacific was owned by Qantas, an Australian Airline, with 46.3 per cent of the shares and by the Fiji state with 51 per cent of the shares.Argentina: Nationalisation of two Spanish-owned airlines
Description
On December 22, 2008, a law expropriating the Airlines Aerolineas Argentinas and Austral was promulgated. Aerolines Argentinas and Austral were the property of the Spanish group Marsans.Bolivia: Nationalisation of Spanish-owned airport operator SABSA
Description
On February 18, 2013, President Morales of Bolivia announced the nationalisation of the Spanish-owned airport operator company SABSA, which operates the three international airports of Bolivia (Supreme Decree No 1494).Switzerland: Additional provisions for foreign service providers
Description
On 16 April 2013, the Federal Council introduced additional provisions for cross-border service providers (only for short term services, up to 90 days of work per year).Belarus: Compensation for interest payments to an aviation repair plant
Description
With Decree № 182 of March 14, 2013, the Council of Ministers of Belarus approved the compensation (through Belarusbank) of the company “558 Aviation Repair Plant“ for interest payments on an export loan (USD 12 million), received on JRussian Federation: Policy Concept on Russia's participation in the BRICS
Description
On March 21, 2013, the Russian President, Mr Vladimir Putin, approved a Policy Concept which contains fundamental principles of Russia’s foreign policy towards BRICS (the Federative Republic of Brazil, the Russian Federation, the RArgentina: Higher tax on foreign purchases
Description
On 31 August 2012, the Federal Administration of Public Investments of Argentina introduced a 15 per cent tax on all purchases made abroad with Argentinian credit-cards.India: Liberalisation of FDI in the aviation sector
Description
On 14 September 2012, the Indian Cabinet Committee on Economic Affairs approved a new regulation, which allows foreign airlines to invest in scheduled and non-scheduled air transport services.Italy: Aid to compensate for damage caused by the earthquakes of May 2012
Description
On 14 September 2012, the Italian Government notified the European Commission about an aid measure designed to compensate the damage caused by the earthquakes of 20 and 29 May 2012 in the Regions Emilia-Romagna, Lombardy and Veneto.
