➡ BBIN Motor Vehicles Agreement: India, Bangladesh, Nepal approve Passenger protocol
▪️Bangladesh, India and Nepal agreed on text of operating procedures for passenger vehicle movement (Passenger protocol) in sub-region under Bangladesh-Bhutan-India-Nepal (BBIN) Motor Vehicles Agreement (MVA).
▪️Decision in this regard was taken at meeting of High-level officials of three countries held in Bengaluru, Karnataka. It was convened and chaired by India’s Ministry of Road Transport and Highways (MoRTH).
➡ Passenger protocol
▪️ The passenger protocol agreed upon is document detailing procedures for cross-border movement of buses and private vehicles for transport facilitation in subregion. It will be signed by three countries after completing necessary internal approval processes in their government.
▪️ The delegations participating countries also agreed to continue to conduct trial movement of cargo vehicles along scheduled routes from April 2018 onwards, before finalizing protocol for cargo vehicular movement.
➡ BBIN Motor Vehicles Agreement (MVA)
▪️ The landmark MVA was signed by Transport Ministers of BBIN countries (Bangladesh, Bhutan, India and Nepal) in Thimphu, Bhutan in June 2015.
▪️ India, Bangladesh and Nepal have already ratified MVA and have agreed to start its implementation among three signatory countries. Bhutan will bandwagon them after it ratifies the agreement.
▪️ The agreement will permit member states to ply their vehicles in each other’s territory for transportation of cargo and passengers, including third country transport and personal vehicles
▪️ The Asian Development Bank (ADB) is providing technical, advisory, and financial support to BBIN MVA initiative as part of its assistance to South Asia Subregional Economic Cooperation (SASEC) program.
▪️ Earlier trail runs for cargo vehicles under MVA were conducted along Kolkata-Dhaka-Agartala and Delhi-Kolkata-Dhaka routes which had successfully establishes their economic benefits.
▪️ SASEC program: It is projects-based economic cooperation initiative of ADB that brings together BBIN countries, Maldives, Sri Lanka and more recently, Myanmar. ADB (Manila) is secretariat of SASEC.
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