in , ,

The Single African Air Transport Market Launched

  
Rwanda’s President Paul Kagame speaking at the opening of the Ordinary Session of the Assembly of Heads of State and Government during the 30th annual African Union summit in Addis Ababa on January 28, 2018. PHOTO | AFP

 

SAATM is the first AU Agenda 2063 flagship project, which aims to create a unified air transport market to liberalise civil aviation on the continent and to advance Africa’s economic integration agenda.

According to the AU, passengers, the airline industry and aircraft manufacturers are set to benefit from SAATM while contributing to the attainment of Agenda 2063.

“Eligible airlines of the 23 countries are, effective this season, entitled to conduct their business into the markets and fully operate the traffic rights provided for in the Yamoussoukro Decision. It is a notable milestone since the adoption of the Yamoussoukro Decision in 1999,” AU noted.

The establishment of SAATM as a flagship project of the Agenda 2063 was adopted by the AU Assembly in 2015 and so far 11 AU member states have made a commitment to implement the Yamoussoukro Decision that provides for full liberalisation of market between African states, the free exercise of traffic rights, the elimination of restrictions on ownership and the full liberalisation of frequencies, fares and capacities.

To date, 23 AU member states including Benin, Botswana, Burkina Faso, Cabo Verde, Congo and Cote d’Ivoire have adhered to the Solemn Commitment. Other are Egypt, Ethiopia, Gabon, Ghana, Guinea, Kenya, Liberia, Mali, Mozambique, Niger, Nigeria, Rwanda, Sierra Leone, South Africa, Swaziland, Togo and Zimbabwe.

Loading...

What do you think?

600 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 African Startups Picked For SXSW Accelerator Pitch Event

10 Vital African Wedding Traditions You Should Know About (Photos)