Cabinet approves signing of Air Services Agreement between India and Laos

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for 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.

AS per this agreement, the designated airlines of the two countries shall have fair and equal opportunity to operate the agreed services on specified routesThe routes and frequencies shall be decided subsequently. The agreement will also provide an enabling environment for enhanced and seamless connectivity while providing commercial opportunities to the carriers of both the sides ensuring greater safety and security. As Air Services Agreement is the basic legal framework for any air operation between the two countries.

Extra Info: Capital-Vientiane, Currency-Lao kip

So let’s discuss some questions related to this post:
1. Name the country with which India has signed the Air Services Agreement?
2. What is the currency of Laos?

Courtesy: Business Standard


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