USIBC welcomes Indo-US aviation security agreement
22 Jul 2011
Washington: The US India Business Council has welcomed the signing of an aviation safety agreement between the two nations, noting that it will pave the way for greater bilateral trade in the sector.
"India-US Bilateral Aviation Safety Agreement [BASA] will improve passenger safety and therefore caps the success of the 2005 Open Skies Agreement, which opens more routes, includes more airlines, and greatly improves the ability for companies to engage in commerce between the US and India," USIBC chief Ron Somers said.
The agreement was signed on 18 July in the course of the visit of secretary of state Hillary Clinton's visit to India for the second round of the US-India Strategic Dialogue. The agreement was signed by J Randolph Babbitt, administrator of the US Federal Aviation Administration (FAA) and Nasim Zaidi, secretary, ministry of civil aviation.
"This accord creates a safer, more positive environment for travel, resulting in a win-win situation for both economies," Somers said.
USIBC said it believed that a BASA between both countries would help India upgrade its technology to world-class standards and harmonise its regulatory and monitoring systems with international best practices.
BASA demonstrates that India has the capacity to develop FAA certifiable aircraft articles and appliances, USIBC said.
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