What are the main areas of the Statement of Policy Principles?
The Statement addressed four main areas: Freedom to access capital markets: States agreed not to exercise bilateral rights to block international services from airlines with non-national ownership structures Freedom to do business: States agreed to focus on reducing restrictions on market access and to expedite further reopening of markets in future bilateral agreements Freedom to price services: States agreed to focus on allowing greater freedom to price airline services in line with market realities The need for a level playing field: States agreed that parties cannot be expected to implement these principles with governments that pursue policies designed to secure an unlevel playing field for their national carriers, whether through restrictive practices, direct or indirect subsidies or other means. • Is the Statement open to endorsement by other countries not present at Montebello The Statement is open to the endorsement of any government interested in promoting liberalization in t
