New Delhi, September 9
The UAE and India ought to have an open sky coverage as a substitute of an air service settlement between them, the Gulf nation’s Ambassador to India Ahmed Al Banna mentioned on Wednesday, asserting that such a transfer would profit airways of each international locations.
The UAE is India’s trusted companion and its funding dedication is a sworn statement of its confidence within the financial development story of India, Al Banna mentioned at a webinar.
The UAE is the biggest Arab investor in India having a share of about 85 per cent of the full Arab funding within the nation, he mentioned.
“There exists immense untapped growth potential in many different sectors. The UAE wants to be the preferred economic partner of India, and we want to work closely with India to improve on many different levels,” Al Banna mentioned on the webinar organised by Vijay Jolly, President of the Delhi Study Group.
One of a very powerful facets is the advance of air connectivity which is yet one more vital financial development catalyst that facilitates commerce and tourism, he mentioned.
“We have 1,068 flights between the UAE and India. More than 50 or 55 per cent of Indians who travel outside India, they use Dubai and Abu Dhabi as their transit points,” he mentioned.
“We need to look into having what we call an open sky policy, instead of having an air service agreement, which is limited in terms of capacity, in the number of seats,” Al Banna mentioned.
Calling for a rethink on the difficulty, the UAE envoy mentioned the 2 sides ought to search for a stronger collaboration whereby each Indian and UAE airways would profit.
An open sky air service settlement permits for airways from the 2 international locations to have an infinite variety of flights in addition to seats to one another’s jurisdictions.
The National Civil Aviation Policy, 2016, permits the federal government to enter into an ‘open sky’ air companies settlement on a reciprocal foundation with SAARC nations in addition to international locations past a 5,000-kilometre radius from New Delhi.
India has signed open sky agreements with the US, Greece, Jamaica, Guyana, Finland, Spain and Sri Lanka, amongst different international locations. PTI