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OakesCS

08/19/11 2:50 PM

#3339 RE: DewDiligence #3334

LA foreign investmnt

what are they counting as investment? I believe that foreign ownership is restricted in most of those countries. I believe Brazil, for example, is developing a large ship/boat construction industry because importation of foreign built boats (for operation in Brazilian waters) is either restricted in some way (e.g. heavily taxed) or forbidden. That's my impression; i don't know it to be fact.