BARBADOS AND ICELAND have signed an Air Services Agreement.
Minister of Foreign Affairs and Foreign Trade Senator Maxine McClean, and Iceland’s Minister of Foreign Affairs Gunnar Sveinsson co-initialled the agreement on Tuesday on behalf of their respective countries.
The agreement entitles the airlines designated by the parties, amongst other things, to fly over as well as land in the territory of the other country.
The agreement also permits airlines from within CARICOM and from within the European Economic Area to benefit from its provisions, thus creating a regional dimension.
Barbados has an extensive network of Air Services Agreements globally, which are aimed at facilitating air travel to and from Barbados and encouraging new investments in the air services sector.
Most recently, in July 2015, Barbados and Hong Kong signed a similar agreement aimed at developing air transport and tourism out of the Asian region.
This is the second major agreement between Iceland and Barbados. The two countries concluded a Double Taxation Agreement in 2011. (BGIS)
