Libertarian Discussion Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Libertarian Discussion Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

miraje

From: Glenn Petersen	9/15/2023 6:15:54 AM
	1 Recommendation Read Replies (1) of 13056

India Gets Rid of its “Jones Act” by Alex Tabarrok Marginal Revolution September 14, 2023 at 7:25 am India has been liberalizing its cabotage laws over the past decade and now appears ready to end them completely: Splash: India is planning to completely remove its cabotage laws which will allow foreign registered and flagged ships to work along its coast without obtaining a permit from the country’s Directorate General of Shipping. This is seen as a massive move by the Narendra Modi-led government as the only ships currently allowed to work on local routes for carrying cargo are registered in India. Foreign ships can work along the coast only with an appropriate permit. When it came into force, the law was intended to protect domestic shipowners. According to local media, this is seen as the biggest reform yet in the shipping sector but also a topic that will undoubtedly rile up Indian fleet owners. The US’s Jones Act continues to raise shipping costs, increase fuel usage and harm the environment. We should follow India’s example. Reminds me that there is no such thing as development economics. India Gets Rid of its "Jones Act" - Marginal REVOLUTION

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next