The Kingdom of Saudi Arabia and the Republic of Lithuania have signed an agreement to enhance cooperation in air transport services.
The accord was formalized by General Authority of Civil Aviation (GACA) President Abdulaziz bin Abdullah Al-Duailej and Lithuanian Ambassador Extraordinary and Plenipotentiary to Saudi Arabia, the UAE, Kuwait, Bahrain, and Iraq Ramunas Davidonis during a ceremony today at GACA’s headquarters in Riyadh.
The signing of the agreement between Saudi Arabia and Lithuania to bolster air transport cooperation is a significant step forward in enhancing bilateral ties between the two countries. The deal sets a regulatory framework for air transport operations between the two countries and aligns with the goals of Saudi Arabia’s civil aviation sector strategy.
Further, it aims to expand the operational network of national carriers, elevate the Kingdom’s status as a global logistics hub, and increase its global air connectivity to 250 destinations.
The improved air transport also helps facilitate the movement of goods. For Saudi Arabia, Lithuania could serve as an important gateway to the European market, and for Lithuania, Saudi Arabia could offer expanded access to the Middle Eastern and broader regional markets.
The agreement also supports the Kingdom’s Vision 2030 by contributing to ambitious targets, including transporting 330 million passengers annually and establishing Saudi Arabia as a global logistics platform.
With its Vision 2030 program, Saudi Arabia is looking to diversify its economy away from oil dependence, focusing on sectors like tourism, technology, and logistics. Better air connections could support these goals by facilitating more international business collaborations and attracting tourists to Saudi Arabia.
