Saudi Arabia, Barbados Sign Agreement on Air Transportation Services

Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser signed the agreement with Barbados Minister of Foreign Affairs and Foreign Trade and Senior Minister Coordinating the Productive Sector, Kerrie Symmonds.
Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser signed the agreement with Barbados Minister of Foreign Affairs and Foreign Trade and Senior Minister Coordinating the Productive Sector, Kerrie Symmonds.
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Saudi Arabia, Barbados Sign Agreement on Air Transportation Services

Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser signed the agreement with Barbados Minister of Foreign Affairs and Foreign Trade and Senior Minister Coordinating the Productive Sector, Kerrie Symmonds.
Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser signed the agreement with Barbados Minister of Foreign Affairs and Foreign Trade and Senior Minister Coordinating the Productive Sector, Kerrie Symmonds.

The governments of Saudi Arabia and Barbados have signed an air transportation agreement aiming to set regulatory frameworks for safe air travel, SPA reported on Friday.
Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser signed the agreement with the government of Barbados, represented by Minister of Foreign Affairs and Foreign Trade and Senior Minister Coordinating the Productive Sector, Kerrie Symmonds.
The agreement complements the 1944 Convention on International Civil Aviation, also known as the Chicago Convention, which regulates international civil aviation based on the principles of fair and equal opportunities.
The deal keeps pace with the developments in regulation between Saudi Arabia and Barbados, including the regulation of granting air transport rights and implementing standards for designation and licensing of internationally operating airlines.
It also aims to promote aviation safety and civil aviation security between the two sides, promote fair competition rules, and serve the joint economic interests of national carriers.
It further strengthens the national carriers’ active and continuous participation in serving the air transport market between Saudi Arabia and Barbados by applying modern market access patterns and encompassing all forms of air transport.
The agreement is part of the objectives of the civil aviation strategy, aimed at building international partnerships and signing new bilateral agreements that support its ambitious goals.
The strategy also aims to enhance the Kingdom's air connectivity to 250 destinations worldwide, making it a global logistics hub, and to transport 330 million passengers annually by 2030.



Honda and Nissan Reportedly Consider Mutual Production of Vehicles

FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo
FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo
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Honda and Nissan Reportedly Consider Mutual Production of Vehicles

FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo
FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo

Honda and Nissan are considering producing vehicles in one another's factories as part of their plan to deepen ties and potentially merge, Japan's Kyodo news agency said on Saturday.
Honda will consider supplying hybrid vehicles to Nissan as part of the plan, the report said, without citing the source of the information.
A merger of Honda, Japan's second-largest car company, and Nissan, its third-largest, would create the world's third-largest auto group by vehicle sales, behind Toyota and Volkswagen, making 7.4 million vehicles a year, Reuters said.
The two automakers forged a strategic partnership in March to cooperate in electric vehicle development, but Nissan has faced financial and strategic troubles in recent months.
As announced, Honda, "Nissan and Mitsubishi Motors are in the process of bringing together our strengths and exploring potential forms of cooperation, but nothing has been decided yet,” a Honda spokesperson said, when asked about the report.
Nissan declined to comment, saying the details of the report were not based on a company announcement. Nissan is the top shareholder in Mitsubishi Motors.
Kyodo said Honda could use Nissan's car factory in Britain, as it now only has factories for engines and motorcycles in Europe.
The move comes amid concerns over how president-elect Donald Trump's policies may shake up manufacturing with his promises of protectionist trade policies, the report said.