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#1 Posted : Saturday, June 30, 2018 3:17:51 PM(UTC)
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NAIROBI Sheldon Richardson Vikings Jersey , May 10 (Xinhua) -- East Africa Community (EAC) member states are set to meet in June to fast track implementation of the single air transport market, the bloc said on Wednesday.

EAC Senior Transport Economist Eric Ntagengerwa told a regional forum in Nairobi that the 14th EAC Sectoral Council on Transport, Communication and Meteorology will be considering the recommendations by the Heads of Civil Aviation and Airports Authorities to adopt the regional Air Transport Regulations.

"The outcome of the meeting will allow the region to remove all the fears on eligibility criteria, market access, fair competition and others that are delaying the adoption of the regional regulations which are required to fully liberalize the EAC domestic aviation industry Trevor Siemian Vikings Jersey ," Ntagengerwa said during the validation meeting to study on costs and benefits of air transport liberalization in EAC.

In 1999, 44 signatory African States signed the Yamoussoukro Decision (YD) that calls for the full liberalization of the African aviation industry by removing all restrictions on access, price, frequency and capacity in intra-African air transport market.

The EAC Partner States have committed to fully implement the decision as part of the Common Market Protocol and in line with the ongoing efforts by the African Union Commission (AUC) and the African Civil Aviation Commission (AFCAC) to establish a single African air transport market.

Ntagengerwa said that the domestic air transport within the EAC remains un-harmonized until the regional regulations on liberalization of air transport market, which were developed by the EAC Secretariat in 2014 Kendall Wright Vikings Jersey , are adopted.

"Although some EAC partner states have recently entered into Bilateral Air Services Agreements (BASAs) with the aim of liberalizing air transport services, various studies have indicated that the BASAs are still restrictive and uncompetitive," he noted.

He added that the initiative to develop the EAC Regulations in order to guide the EAC member states to fully liberalize their air transport services, has not been completed because partner states have not yet agreed on the issue of ownership provision for the air operators that would benefit from a liberalized EAC air transport market.

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BEIJING Kirk Cousins Vikings Jersey , Oct. 20 (Xinhua) -- Guo Lian has been busy informing potential buyers of second-hand home bargains in recent days, but few have made purchases.

"Most are in wait-and-see mode while watching declining home prices," said the Beijing-based real estate agent.

The lackluster buying sentiment is a huge contrast to just months ago when many scrambled to buy in the city.

Prices of houses in many residential properties in Beijing had more than doubled in less than two years before local authorities announced tough measures to cool the market in mid March. Since then, prices of some have fallen more than 20 percent.

Similar control measures have helped to dampen the speculative demand in many other big Chinese cities. In "golden September" and "silver October," traditionally peak months for the property market Mike Remmers Vikings Jersey , sales in many cities are weak.

In Guangzhou and Shenzhen, both in south China's Guangdong Province, some developers offered discounts and even promised salespeople higher sales bonuses.

During the first six days of the month, sales in 30 cities nationwide fell about 80 percent year on year, according to Centaline Property. In Beijing the figure fell 72 percent.

In September Brian O'Neill Vikings Jersey , China's home sales declined 40 percent year on year, according to China Real Estate Information Corp.

Zhang Dawei, chief analyst with Centaline Property, said judging from weak sales early this month, there will be no "silver October" this year.

"The flurry of tightening measures in various cities are weighing on the market Mike Hughes Vikings Jersey ," said Zhang.

China has made it clear that "houses are built to be inhabited, not for speculation."

To cool down the housing market, more than 100 cities or counties around China have introduced control measures, including purchase and sales limits and higher down payments and mortgage rates, since late September last year.

The northern city of Taiyuan was the latest to further tighten the housing market in mid-October Sheldon Richardson Jersey , banning home sales within two years of purchases, following similar moves by eight other cities in late September.

Authorities have also been ordered to increase supply, add more public and rental housing and prevent consumption and credit loans from flowing into the housing market.

Meanwhile, rental tenants in some cities are now entitled to hukou, or household registration certificates Trevor Siemian Jersey , and are allowed to send their children to nearby schools, a right earlier only enjoyed by home owners.

The series of measures have taken effect, said Ding Shuang, chief Greater China economist with Standard Chartered Bank.

Land sales are an important source of government revenue, but China is seeking to cut its reliance on the real estate sector and build more affordable housing for its citizens.

Housing prices in many cities doubled over the past two years Kendall Wright Jersey , leaving many complaining about the unaffordable prices.

"Excessive real estate investment could complicate China's efforts to rebalance its economy and upgrade its industry," said Ding.

The real demand will continue to drive up home prices in the mid-term, but the control measures could help slow the m. Wholesale Mexico Jerseys Fabio Coentrao Portugal Jersey Lassana Diarra France Jersey Joe Hart England Jersey Ivan Perisic Croatia Jersey Felipe Aguilar Colombia Jersey Neymar Brazil Jersey Matz Sels Belgium Jersey Javier Pastore Argentina Jersey Egidio Arevalo Rios Uruguay Jersey

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