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EU, ASEAN conclude landmark air transport agreement

The Association of Southeast Asian Nations (ASEAN) and the European Union have concluded the world’s first bloc-to-bloc air transport agreement, ASEAN said, to allow their airlines to easier expand services to and within the respective regions. The agreement, once formalised, will mean airlines of the combined 37 member states can fly any number of non-stop flights between countries in both regions, ASEAN said on Friday. The agreement “provides essential guarantees of fair competition for our European airlines and industry, while strengthening reciprocal prospects for trade and investment,” said Adina Valean, the European Commissioner for Transport, according to ASEAN’s statement.

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