16 June 2015

india, Nepal, Bhutan and Bangladesh Sign a landmark Motor Vehicles Agreement

india, Nepal, Bhutan and Bangladesh Sign a landmark Motor Vehicles Agreement for seamless movement of road traffic among Four SAARC Countries in Thimpu
India, Nepal, Bhutan and Bangladesh signed a landmark Motor Vehicles Agreement (MVA) for the Regulation of Passenger, Personnel and Cargo Vehicular Traffic among the four South Asian neighbours in Thimpu, Bhutan today. The MVA agreement between sub-grouping of four SAARC nations, Bangladesh, Bhutan, India and Nepal (BBIN) will pave the way for a seamless movement of people and goods across their borders for the benefit and integration of the region and its economic development. The BBIN MVA Agreement was signed by the Union Minister of Road Transport & Highways and Shipping Mr. Nitin Gadkari on behalf of India.

Mr. Gadkari headed the Indian delegation at the Transport Ministers conference of the BBIN. Others who participated included Mr. Obaidul Quader, Minister of Road Transport and Bridges of Bangladesh, Mr. Lyonpo D. N. Dhungyel, Minister of Information and Communications, Bhutan, and Mr. Bimalendra Nidhi, Minister of Physical Infrastructure and Transport, Nepal.

Earlier, addressing the BBIN Transport Ministers conference, Mr. Nitin Gadkari said, “This indeed is a momentous achievement for all the four neighbours. This historic agreement will further promote our cooperation in trade and commerce apart from further cementing our age old cultural ties.” Mr. Gadkari further said, “The Motor Vehicles Agreement is the “Over arching” frame work to fulfill our commitment to enhance regional connectivity. This will need to be followed through with formulation of the required protocols and procedures in the shortest time possible to realize the ultimate objective of free movement of people and goods in the region. This would further need to be supplemented through building and upgrading roads, railways and waterways infrastructure energy Grids, communications and air links to ensure smooth cross border flow of goods, services, capital, technology and people. Taken together, this provides enormous opportunity for integration and development of our region.”

Mentioning about the initiative to strengthen connectivity of the sub-region to ASEAN, the Minister said, “In this regard a major breakthrough has been achieved between India-Myanmar and Thailand. Three nations have agreed to develop a similar framework motor vehicle agreement on the lines of draft SAARC Motor vehicle agreement. Secretary level discussions were successfully concluded in Bengaluru this month and consensus has been reached on the text of Agreement. On conclusion of this Agreement, our sub-region will get access to the larger ASEAN market through seamless passenger and cargo movement.” 

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