The two airliner companies, SpiceJet of India and Globus Airlines of Russia, have been notified by the CAD of the temporary prohibition and said they would fully cooperate and maintain their services with other aircraft types so as to reduce impacts on passengers.
The transformation needs to be completed within six months of the approval, which was dated March 5, the statement said. Financial businesses are not allowed during the transition period.
The two countries agreed to enhance strategic communication and coordination in global and regional affairs, Wang said, adding that they will promote political settlement of troublesome issues and improve reform of the global governance system.
The transformation has a long way to go, as software revenue made up only 31 percent of the company’s product division in the fourth quarter, F5 CFO Frank Pelzer said on a call with analysts, compared to a 69 percent share for the traditional hardware business. But that ratio is changing, as software made up only 17 percent of product revenue a year ago.
The two companies already started cooperating in 2013, with Sodexo’s services provided to Huawei’s facilities in 12 countries.
The two systems "should, and have every reason to stay in harmony and reinforce each other" on the basis of "one country", stressed Huang.
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The two sides have steadily pushed forward high-quality BRI projects and created more synergy between the BRI and the Master Plan on ASEAN Connectivity (MPAC) 2025 by overcoming difficulties brought by the pandemic.
The two sides should deepen integrated development, enhance grassroots exchanges, expand sales of farm produce and fishery products from Taiwan on the mainland, and step up tourism cooperation, according to the participants.
The two companies' collective light commercial vehicle sales in 2018 totaled around 1.2 million units globally, and they said demand will grow further in the next five years.
The two countries will enhance maritime cooperation in "less sensitive areas", such as joint scientific research and exploitation of the Beibu Gulf, he added.