autos, cars, auto news, bangladesh, bbin, bhutan, carandbike, india, mva, nepal, news, india, bangladesh, nepal finalise mou for implementation of bbin motor vehicles agreement

New Delhi, Mar 8 India, Bangladesh and Nepal finalised an enabling MoU to be signed by them for the implementation of the BBIN Motor Vehicles Agreement (MVA), pending ratification of the MVA by Bhutan. The MoU was finalised at a meeting of the three nations on the Bangladesh, Bhutan, India, Nepal (BBIN) MVA here on March 7-8, 2022. Bhutan participated in the meeting as an observer. The meeting was held to discuss the passenger and cargo protocols that are essential to operationalise the BBIN MVA for the regulation of passenger, personal and cargo vehicular traffic between Bangladesh, Bhutan, India and Nepal, signed on June 15, 2015.

This is the first meeting of the group since the outbreak of the COVID-19 pandemic. The last meeting was held in February 2020 in New Delhi. The countries emphasised the importance of operationalising the BBIN MVA expeditiously to enable seamless movement between them for facilitating trade and people-to-people contact, the Ministry of External Affairs said in a statement.

Operationalising the MVA by concluding the passenger and the cargo protocol will help realise the full potential of trade and people to people connectivity between the BBIN countries by fostering greater sub-regional cooperation, the MEA said.

While the Indian delegation was led by Smita Pant, Joint Secretary, Ministry of External Affairs, the Bangladeshi delegation was led by A T M Rokebul Haque, Director General (South Asia), Ministry of Foreign Affairs.

The Nepalese delegation was led by Keshab Kumar Sharma, Joint Secretary, Ministry of Physical Infrastructure and Transport. The Bhutanese observer team was led by Thinley Norbu, First Secretary, Royal Bhutanese Embassy here.

During the meeting, an enabling MOU to be signed by India, Bangladesh and Nepal for implementation of the BBIN MVA by the three countries, pending ratification of the MVA by Bhutan was finalised.

Recalling the commitments made at the highest level for implementation of the BBIN MVA, the delegations expressed their desire to sign the MoU at the earliest to give momentum to the implementation, the MEA said.

The delegates agreed on specific steps and timelines to expeditiously finalise the Passenger and Cargo Protocols for the implementation of the BBIN MVA. Asian Development Bank provided technical and knowledge support to the meeting. PTI ASK ASK ANB ANB

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Keyword: India, Bangladesh, Nepal Finalise MOU For Implementation Of BBIN Motor Vehicles Agreement

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