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India, Bangladesh, Nepal to expedite motor vehicles agreement
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India, Bangladesh, Nepal to expedite motor vehicles agreement

Agency News

New Delhi, Feb 9: India, Bangladesh and Nepal have agreed to expedite finalisation of a draft Memorandum of Understanding(MoU) to be signed by the three countries to facilitate smooth movement of passengers and cargoes, leaving Bhutan aside.

Delegations from these countries and Bhutan met here on Saturday to discuss the passenger and cargo Protocols that are to give effect to the Motor Vehicles Agreement (MVA) for the Regulation of Passenger, Personal and Cargo Vehicular Traffic between Bangladesh, Bhutan, India and Nepal, signed in 2015. Bhutan participated in the meeting as an observer, as decided by the country earlier pending the completion of its internal procedures for ratification of the BBIN MVA.

The delegations also discussed a draft enabling MOU to be signed by Bangladesh, India and Nepal for implementation of the BBIN MVA by the three countries, bearing in mind the consent provided by Bhutan for the entry into force of the MVA among Bangladesh, India and Nepal, without obligation to Bhutan, pending the completion by Bhutan of its internal procedures for ratification of the BBIN MVA, according to the Ministry of External Affairs.

The meeting agreed to try to revert by May 2020 on the process of internal consultations by respective countries based on the discussions of the meeting, given the importance of trade, economic cooperation and people-to-people contact, through enhanced regional connectivity, including through facilitation of regional cross-border road transport. Saturday's meeting was the first of the group since their meeting in Bengaluru in January 2018 to boost sub-regional connectivity. (UNI)