In News: Estonia, Latvia, and Lithuania have recently started a travel bubble to help their economies recover following the Covid-19 lockdowns.
About Travel Bubble
- Creating a travel bubble entails linking countries or states that have had a high degree of domestic success in controlling the Covid-19 pandemic.
- The members of the community will be able to re-establish trade links as well as travel and tourism opportunities as a result of such a bubble.
- Potential travel bubbles among higher-performing countries around the world, according to a survey, will account for around 35% of global GDP (GDP).
- Smaller countries prefer travel bubbles because they are more likely to prosper until they are able to trade with larger partners again.
Criteria for Entering the Travel Bubble
- Those from outside countries who wish to access the bubble corridor must first spend 14 days in isolation.
- In the previous 14 days, no one could have travelled outside of the travel bubble’s member countries.
- One should not be infected with coronavirus or have come into contact with someone who has been infected with coronavirus.
Importance and Possibilities
- Potential travel bubbles among the world’s better-performing countries will account for about 35% of global GDP.
- Smaller countries, in particular, prefer such agreements because they would benefit from being able to trade with larger partners again.