The Union Cabinet today approved signing of an Air Services Agreement (ASA) between India and Lao People's Democratic Republic (Lao PDR), a move that will promote air connectivity, besides trade and investment, between the two countries.
The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing of a new Air Services Agreement (ASA) between India and Lao People's Democratic Republic (Lao PDR), an official release said.
Under the agreement, the designated airlines of the two countries would have fair and equal opportunity to operate the agreed services on specified routes, it said.
The routes and frequencies would be decided subsequently, it added.
The Agreement is expected to spur greater trade, investment, tourism and cultural exchange between the two countries bringing it in tune with the developments in the civil aviation sector, the release said.
It will provide enabling environment for enhanced and seamless connectivity while providing commercial opportunities to the carriers of both the sides ensuring greater safety and security, the release said.
