DELHI: The Union Cabinet chaired by Prime Minister Narendra Modi has approved the revised Air Services Agreement (ASA) with Malaysia. The old ASA was signed in 1974, and needed to be revised, updated and modernize for current aviation market needs.
The revised text of ASA was initialed in 2011. However, owing to some disagreements on Article 13 that related to remittance of earning, the agreement could not be signed earlier. During the meeting held in ICAN 2016, Malaysia agreed to revise the text of the said article as suggested by Ministry of Finance, India.
The new agreement has replaced text as per latest International Civil Aviation Oorganization (ICAO) template. It also has a Cooperative Marketing Arrangement for third country airlines added to it. Also, a clause on domestic codeshare has been added along with an article on safety and security.
The article related to ‘intermodal services’ have been added to the revised ASA that will permit air passengers and cargo to move through any intermodal transport from any point in the territory of other party as well.
Musafir Namah Bureau