Home / News/ US, SL strengthen trade and transportation partnership

US, SL strengthen trade and transportation partnership


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 6 December 2017 00:00


On 4 December, US Ambassador to Sri Lanka and the Maldives Atul Keshap and Secretary of Civil Aviation G.S. Withanage signed an agreement to amend the US-Sri Lanka Open Skies Agreement of 2002 to facilitate the movement of cargo goods more efficiently and profitably. The amendment strengthens global express delivery cargo networks, enhances bilateral connectivity and competitiveness, and facilitates economic growth and job creation.   

“This amendment to our bilateral Open Skies Agreement further strengthens the robust and longstanding trade relationship between the United States and Sri Lanka,” said Ambassador Keshap. “As Sri Lanka’s largest trading partner, the United States seeks economic growth that provides employment and opportunity for the citizens of both our nations.”

The signing took place during the 10th International Civil Aviation Organization (ICAO) Air Services Negotiation Event (ICAN 2017) held in Colombo, Sri Lanka from 4-8 December.  Within the ICAN 2017 framework, the United States is meeting with over a dozen countries and agreed in principle on amendments to two existing aviation agreements to expand rights for US carriers to include key seventh-freedom rights for all-cargo operations.  This year’s ICAN also provides a venue to discuss a wide range of civil aviation issues with bilateral partner governments to resolve business issues and to obtain new rights for US carriers. The US delegation includes representatives from the Departments of State and Transportation.  

Information on US aviation policy and Open Skies agreements currently in force is available on the Department of State’s website here: https://www.state.gov/e/eb/tra/ata/.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U


Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines


Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel


1/3 of your training budget should be spent on developing leaders for boosting corporate performance

Wednesday, 17 October 2018

“Great companies spend an average of 32% of their training budget on leadership development.” – Brandon Hall’s leadership survey The highest Return On Training Investment (ROTI) comes from helping your managers sharpen the leadership skills


Columnists More