International BusinessGovt okays amendment to Air Agreement with Saudi Arabia
The government has approved an amendment to the Air Service Agreement between India and Saudi Arabia with a view to enhance bilateral economic relations and promote tourism.
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"The modernised ASA has the potential to spur greater trade investment, tourism and cultural exchange between the two countries besides bringing it in tune with the developments in the international civil aviation scenario," Information & Broadcasting Minister Ambika Soni told reporters after a Cabinet meeting.
The two countries, during their bilateral air services consultations in January 2008, had agreed to modernise the ASA signed in 1973.
"In the modernised ASA, articles on cooperative marketing arrangements and Aviation Safety have been introduced. Also, now each side can designate one or more of their carrier to operate agreed services between the two countries," Soni said.
Soni said the government also approved an agreement for scientific and technical collaboration with Kuwait. The agreement was signed on April 7, 2009, she said.