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Description
On March 1, 2016, the Brazilian Government issued Provisional Measure 714 increasing the foreign ownership cap in domestic airlines from 20% to 49%.
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Intervention Details
Intervention Type
FDI: Entry and ownership rule
MAST Chapter
FDI measures
Implementation date
02 Mar 2016
Revocation date
26 Jul 2016
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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