The Canadian government has reportedly expanded an air transport agreement with Egypt and the United Arab Emirates (UAE) to upgrade existing deals with the two nations. The agreements will enable Canadian airlines to augment their service offerings, incorporate additional features, which will prove convenient for both passengers and businesses.
According to senior Canadian officials, be it family visits or shipment of goods across the world, citizens of Canada depend on an aviation industry with holistic international services.
If sources are to be believed, the Canadian-Egypt agreement will lead to a rise in passenger flights from four per week to seven. Additionally, the airlines will be permitted to serve any city in the Egyptian territory.
As per the agreement with UAE, each country can allocate 68% extra seat-selling among designated airlines. The agreement also states that four frequencies will be allotted to all-cargo flights between Canada and UAE.
According to Canada’s Transport Minister, Marc Garneau, these agreements with Egypt and UAE are promising developments in Canada’s existing air transport relations with the two countries. The country is pleased to expand its relationship as it offers enhanced flexibility to airlines to capture the growing market.
These expanded agreements will always facilitate trading, tourism, and investments between the countries, which will help the business attain growth and success, he added.
In 2017, the two-way merchandise trade between Egypt and Canada made $1.3 billion, while the two-way merchandise trade between Canada and the UAE equaled $1.8 billion, as per trusted sources.
According to Transport Canada, these agreements fall under Canada’s Blue-Sky policy, which assures the development of international air services and long-term sustainable competition. As per the policy, to date, Canada has expanded air transport agreements with 104 countries.
Jim Carr, Canadian Minister of International Trade Diversification was quoted saying that Canada’s commercial connections with Egypt and the UAE are strong and flourishing. Through these agreements, Canadian firms can nurture and diversify their markets as it makes the transport of people and goods fast and easy.