Thimpu: India on Monday signed a far reaching agreement with Bangladesh that will enhance regional connectivity by facilitating seamless movement of people, goods and vehicles among the four nations, with the first phase set to begin in October.
Along with Bangladesh the deal also included Nepal and Bhutan. The transport ministers of the four countries inked the Motor Vehicles Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic between Bangladesh, Bhutan, India, and Nepal (BBIN MVA) in Bhutan’s capital Thimpu.
India was represented at the meeting by Road Transport and Highways Minister Nitin Gadkari.
“This (BBIN MVA) would enable the exchange of traffic rights and ease cross-border movement of goods, vehicles, and people, thereby helping expand people-to-people contact, trade, and economic exchanges between our countries,” a joint ministerial statement later said.
According to the statement, all the four countries will endeavour to carry out a six-month work-plan from July to December 2015 for the implementation of BBIN MVA. The staged implementation of the project is slated from October 2015.