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14.11.2018 Business & Finance

Yamoussoukro Decision day to be celebrated Nov. 14

By GNA
Yamoussoukro Decision day to be celebrated Nov. 14
14.11.2018 LISTEN

Belinda Ayamgha, GNA
Accra, Nov. 14, GNA - African countries would today November 14 commemorate the Yamoussoukro Decision (YD) Day, to help raise awareness of the opportunities and benefits associated with the liberalization of African Air transportation.

The annual celebration of the day is also to facilitate the involvement of more states in the implementation of the YD and facilitate effective collaboration with Regional Economic Communities (RECs), stakeholders, member states and eligible African airlines.

The Ministry of Aviation has issued a release, signed by Mr. Kofi Adda, Minister for Aviation to raise awareness about the YD and the YD Day, the celebration of which was approved by the 26th Extraordinary Plenary Session of the African Civil Aviation Commission (AFCAC).

Giving a background to the Yamoussoukro Decision, the statement explained that in the early 1960s, many newly-independent African states created national airlines, partly to assert their status as nations, which led to restricting their air services markets to protect State-owned air carriers. Over time, most of these States recognized that strict regulatory protection, adversely impacted flight safety, led to inflated air fares and dampened air traffic growth within Africa.

'African Ministers responsible for Civil Aviation acknowledged the above-mentioned impediments and on 14th November, 1999, the Yamoussoukro Decision (YD) was adopted - a follow-up to the Yamoussoukro Declaration of 1988 in which many of the States agreed to the principles of liberalization of the air transport market in Africa,' the statement said.

Forty-four (44) African States became signatories to the YD and committed to deregulate their air services and promote regional air markets open to trans-national competition. The Decision was subsequently endorsed by the Assembly of Heads of State and Government (HoSG) of the Organization of African Union (OAU) in Lome, Togo in July 2000.

'Following the slow pace of the implementation of the Decision, a meeting of the Assembly of HoSGs held in Addis Ababa in 2015 led to the adoption of the Declaration (Doc. Assembly/AU/Decl. 1(XXIV) on the Establishment of a Single African Air Transport Market (SAATM) and a Solemn Commitment (Assembly/ AUC/Commitment/XXIV) to the immediate implementation of the Yamoussoukro Decision towards the establishment of a SAATM,' it added.

Of the 44 Signatory States to the YD, 27 States including Ghana have signed the Solemn Commitment to fully liberalize their air transport markets.

The statement said Ghana had become fully compliant with the YD, by removing all restrictions on traffic rights as regards frequencies, air fares and capacity for all airlines from concerned State Parties as provided in the YD and had also taken immediate additional measures towards the actualization of the YD.

The expected benefits of the establishment of the SAATM include improved air services connectivity, projected reduction in air fares, enhanced intra-African trade, enhance the sustainability of African airlines operations, greater contribution to national GDP, and facilitating African integration.

The statement said the full implementation of the YD was consistent of the Government of Ghana's vision of making Ghana an aviation hub in Africa, evidenced by the rapid development of additional aerodromes and ancillary aviation services in Ghana, including the establishment of a Pilot Training Academy (to meet the shortfall in the local industry), Aircraft Maintenance Repair & Overhaul (MRO) facility, a new Air navigation Services Complex and cargo services.

GNA

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