14:19,
YEREVAN, FEBRUARY 10, ARMENPRESS. The Armenian Government approved at the Cabinet meeting the bill on ratifying the Armenia-EU Common Aviation Area Agreement signed on November 15, 2021 in Brussels.
The new agreement will replace the EU Member States' bilateral aviation agreements with Armenia and create a Common Aviation Area between Armenia and the EU. Armenia will progressively align its aviation legislation with EU rules in areas such as safety, security, air traffic management, economic regulation and the environment. The Agreement will also gradually enhance market access to the benefit of consumers, provide new business opportunities for European companies and ensure fair and transparent market conditions, based on a clear regulatory framework. It will provide more connections and better prices for passengers. Global connectivity is a driver of trade and tourism and directly contributes to economic growth and job creation.
Going far beyond traffic rights, the EU-Armenia agreement will provide a single set of rules, a level playing field with strong provisions for fair competition, and a platform for future cooperation on a wide range of aviation issues (safety, security, air traffic management (ATM), environment etc.).
The agreement ensures that new traffic rights will gradually be made available, provides new business opportunities for European companies, and ensures fair and transparent market conditions, based on a clear regulatory framework. Global connectivity is a driver of trade and tourism, and contributes directly to economic growth and job creation.