Canada and Panama Expand Air Transport Agreement, Boosting Flight Options and Connectivity

Canada and Panama Expand Air Transport Agreement, Boosting Flight Options and Connectivity

In a significant move to enhance air connectivity and bolster economic ties, Canada and Panama have expanded their air transport agreement. This development was announced by the Minister of Transport, Pablo Rodriguez, and it promises to offer more flight options, improved routings, and increased convenience for Canadians.

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Key Highlights of the Expanded Agreement:

1. Increased Flight Capacity: The revised agreement allows airlines from both countries to operate up to 14 passenger flights per week, a substantial increase from the previous limit of nine flights. Additionally, there is no restriction on the number of all-cargo flights, ensuring seamless trade and cargo movement between the two nations.
2. Immediate Implementation: Airlines can utilize the new rights under the expanded agreement immediately, paving the way for swift enhancements in air connectivity.
3. Supporting Economic Growth: The expanded agreement is expected to cater to the growing Canada-Panama market, thereby fostering tourism and trade activities. This move is in line with Canada's commitment to strengthening its global connectivity and supporting its air industry's recovery.

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Quotes from the Announcement:

The Honourable Pablo Rodriguez, Minister of Transport, remarked, "This important development in our air transport agreement with Panama will improve connectivity for passengers, deepen our cultural and commercial ties, and strengthen our supply chains. As we continue to support the recovery of our air industry, it's great news when we see more options for travellers and businesses alike."

The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, emphasized the strategic importance of the agreement, stating, "In today's global landscape, creating opportunities and opening doors for Canadians to conduct business around the world is of utmost importance. The expanded Canada-Panama Air Transport Agreement demonstrates the importance Canada places on our already well-established and strong trade and investment relationship and offers Canadian and Panamanian businesses greater opportunities."

Background Information:

The initial air transport agreement between Canada and Panama was concluded in 2008 and underwent an expansion in 2013. The recent expansion was guided by Canada's Blue Sky policy, which promotes long-term, sustainable competition and the growth of international air services. For more details on Canada's Blue Sky policy, visit Transport Canada's official website.