New Delhi, Aug. 3 : The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved signing of new Air Services Agreement (ASA) between India and Lao People's Democratic Republic (Lao PDR).
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.
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.
Under the agreement, the designated airlines of the two countries shall have fair and equal opportunity to operate the agreed services on specified routes.
The routes and frequencies shall be decided subsequently. ASA is the basic legal framework for any air operation between the two countries..