Rights exhaustion the Andean way: a tool to boost development

Unlike the European Union, parallel imports have never been the object
of heated discussions in Latin America - or at least the Andean Community.
Fernando Triana of Triana Uribe & Michelsen in Bogota, Colombia, explains
that this is because the member states of the Andean Community believe that national and regional interests take precedent over individual interests, such as those
of mark owners. National and regional interests include the development of local economies, which
parallel imports can help achieve as they encourage competition by pushing prices
down.