OTTAWA, Ontario—Canada and Israel have signed an Air Transport Agreement, a Declaration of Intent on Aviation Security, and a Memorandum of Understanding on transportation.
The new Air Transport Agreement expands Canada’s air transport relationship with Israel by providing flexibility for airlines in both countries to offer greater service options for travellers and shippers. Specifically, the agreement will allow any number of Canadian and Israeli airlines to offer air services to any city in Canada and Israel, it will increase the number of permitted flights for passenger and cargo services, and it will provide airlines the ability to introduce new prices more quickly.
The Declaration of Intent on Aviation Security formalizes Transport Canada’s cooperation with Israel on aviation security issues of mutual concern. It provides the basis for an ongoing exchange of information with Israel on these issues and is a key component of the Strategic Partnership Memorandum of Understanding signed during Prime Minister Harper’s January 2014 visit to Israel.
Finally, the Memorandum of Understanding on Cooperation in the Field of Transportation provides a valuable framework for sharing best practices and lessons learned between both departments, and will help to identify opportunities for Canadian and Israeli commercial interests in the sector.
In 2013, Canada’s total merchandise trade with Israel was approximately $1.4 billion
The Canada-Israel Free Trade Agreement (CIFTA), in force since 1997, has led to a doubling in the value of trade between the countries. Two carriers, Air Canada and El Al Israel Airlines, operate direct scheduled air services between Toronto and Tel Aviv.
Leave a Reply