Search Results for: Venezuelan

A levy on air in the Venezuela’s largest airport, Maiquetía Simón Bolívar International Airport – on both domestic and foreign flights – caused such an uproar in the South American nation last year, it has since been repealed. According to the Venezuelan Airline Association (ALAV – Asociacion de lineas aereas de Venezuela), the ‘air-tax’ was doomed by the constant complaints and delays it caused.…

The request was highly unusual. But, when the ambassador of Haiti to Canada heard that Montreal’s Mirabel airport was to be demolished, his thoughts turned to his country’s Cap Haïtien airport, which was undergoing large-scale renovation. The doomed airport’s equipment, he figured, would be of more use in Haiti than on the scrap-heap.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

The Venezuelan government’s economic policies have created a boom in smuggling contraband meat and livestock to neighbouring Colombia. The trade is pushing down Colombian prices, putting consumers at risk and threatening the country’s hopes of becoming an export nation.

Between January and September this year, Colombia’s tax and customs police (Policia Fiscal y Aduanera – POLFA) made over USD1 million worth of seizures of meat and livestock in the form of 106 tonnes of beef, 4 tonnes of pork, 11 tonnes of chicken, 1,024 live cows, 243 pigs and 23,100 chickens.…

Transnational medicine mafias are exploiting the differences between the economic and healthcare models of socialist Venezuela and its free market neighbour Colombia to run a thriving trade in contraband pharmaceuticals.
Every year, networks of smugglers, corrupt officials, and shady businessmen move millions of dollars worth of contraband, expired and false drugs between the two countries, undermining the legal pharmaceutical sector and posing a grave health threat on both sides of the border.…

THE MARKET distorting economic policies of Venezuela’s government were supposed to help the country’s poor, but instead have created a boom in contraband smuggling into neighbouring Colombia, generating massive profits for organized crime, James Bargent reports.

CONTRABAND and smuggling permeate every aspect of economic life in the windswept Colombian border city of Cúcuta.…

Chinese construction firms have cornered plenty of business in Africa and Latin America, but they need upskilling to consolidate their position. Anyone who observes the queues of nervous young men lining up in the early morning in Beijing’s tree-lined Sanlitun diplomatic district will be in no doubt of the intensity of Chinese activity in Africa and Latin America.…

PRODUCTION at Venezuela state oil company Petróleos de Venezuela SA (PDVSA) has slumped under mounting financial pressures, building during the past 15 years when revenues have been tapped by its socialist government to fund social programmes, diplomatic initiatives and other non-commercial policies.…

Even during the desperate economic times currently afflicting Venezuela, quality personal care products remain vital to its consumers: “Beauty is part of the culture,” said Jean Clauteaux, president of L’Oréal’s Venezuela section. Unlike neighbouring markets, he said a key characteristic of Venezuelan consumers is their strong demand for high-end products.…