PiaSA would grant five freedoms between the signatory countries and allow its airlines more access to capital by easing foreign ownership caps. It is a product of the Pacific Islands Forum, a group of 16 independent Pacific Island nations, as well as Australia and New Zealand. Australia is strongly committed to increased cooperation in island aviation. Fiji is unsubscribing and other Pacific islands ignoring PIASA, its future is not promising. Most of the nations that have signed up are small, even by Pacific standards. Even if Fiji is not one of the largest and most influential countries in the region, it would be difficult, given its central location, to implement PIASA without Fiji. The Association of Caribbean States is also seeking signatures so that a similar air services agreement can enter into force in its region. The Caribbean agreement, which will be reviewed at a summit in Panama at the end of July, has also stalled for two years. 67 contracts in the PITS database for the transport category. A B C D E F G H I J K L`M`>M N O P Q Q S T U V W X Y Z The first four signed at the opening of the signing by PIASA in August 2003. Since then, no other nation has accepted the agreement until the Solomon Islands Minister of Aviation signed it in May. Most other governments have said nothing about the pact, but Fiji`s director of civil aviation has criticized it. He argues that the benefits of the open sky are overstated and that such agreements generally favour large nations.
The five nations that have signed PIASA to date are the Cook Islands, Nauru, Tonga, Vanuatu and the Solomon Islands. It is no easier for Pacific Island States than their Caribbean partners to liberalize air travel among themselves. Solomon Islands is the fifth nation to sign the Pacific Islands Air Services Agreement (PIASA), but it is the first to sign in two years, and the agreement needs another country, at least six, before it enters into force.