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Pres. Sirleaf Submits Air Service Bill.....
Date Uploaded: Mar 25, 2015

President Ellen Johnson Sirleaf

 

 

Pres. Sirleaf Submits Air Service Bill For Enactment

By Winnie Dixon/Vasco Wiagbe

MONROVIA, March 24 (LINA) –President Ellen Johnson Sirleaf Tuesday submitted to the National Legislature for enactment “An Air Service and Reciprocal Promotion and Protection of Investments Bills between the Liberian government and Qatar.

The bills when enacted will establish air services between and beyond the respective territories of the two countries, while also intensifying economic cooperation to the mutual benefit of both states.

According to the letter which was read separately in both the House of Representatives and Senate Tuesday, the agreement if passed will further grant both parties the right, irrespective of their international schedules, to fly across the other party’s international territory without landing and the right to make stops for non-traffic purposes.

“The latter instruments signify the intentions of both countries to also create and maintain favorable conditions for employment by investors of one party in the territory of the other,” the letter said.

It further states that reserves within those borders will support and defend investments with the aim of fostering economic prosperity which will ensure fair and equitable treatment, while maximizing effective utilization of both countries’ resources.

Upon the reading of the letter, both Houses separately voted to mandate their committees on transport, concessions and investments, judiciary to review the document and report to Plenary, with the House committees reporting in two weeks while the Senate committees will report in three weeks.

LINA

 

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