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Economy

Greek-Chilean Air Services Agreement Signed

ATHENS — A Greek-Chilean Air Services Agreement was signed οn Thursday in Athens by the Deputy Foreign Minister for Economic Diplomacy Kostas Fragogiannis and the Chilean Ambassador in Athens Ximena Carolina Ares Mora.

Fragogiannis stressed, according to a foreign ministry announcement, that this Agreement is the result of extended negotiations, in the framework of two consecutive Air Sessions (ICAN), which demonstrates the will of the two countries to launch cooperation in the field of aviation.

The signing of the Agreement now ensures a bilateral institutional framework for aviation and signals the will of both countries to develop bilateral relations in this field.

The Agreement allows air carriers of the two countries to exploit the relevant market through intermediate connection points and to destinations beyond Greece and Chile. At the same time, through the possibility of concluding commercial cooperation between airlines of the two sides and the companies of third countries, it creates the conditions for the future start of direct flights between locations in Greece and Chile.

Finally, the provision for unlimited cargo-only services between the two Contracting States provides increased opportunities for the movement of goods, not only between points in the two countries, but, via them, to the world market. This strengthens cooperation between the two countries and creates new prospects for the development of bilateral trade and economic relations.

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