Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicle Agreement

Union Cabinet meet chaired by Prime Minister Narendra Modi has
approved the signing of Bangladesh, Bhutan, India and Nepal (BBIN)
Motor Vehicle Agreement.

The agreement which is similar to the SAARC Motor Vehicle Agreement
(MVA) seeks to regulate the vehicular traffic of passenger, personal
and cargo amongst BBIN countries.

The agreement will be signed on 15th June 2015 at the Transport
Minister's meeting in Thimpu, Bhutan.

Key Facts

**BBIN agreement aims to promote safe, environmentally sound and
economical efficient road transport in the sub-region of BBIN.

**It also seeks to help each member country to create an institutional
mechanism for regional integration.

**BBIN agreement will benefit member nations for mutual cross border
movement of passenger and goods for overall economic development of
the region.

**For implementation of this agreement each signatory member will bear
its own costs.

Background

**During the 18th SAARC Summit held in Kathmandu, Nepal SAARC MVA was
not able to signed due to reservations of Pakistan.

**However, the SAARC declaration at the 18th Summit had encouraged
Member States to initiate regional and sub-regional measures to
enhance connectivity.

**In line with this declaration, BBIN Motor Vehicle Agreement was
pursued among four SAARC members.

**Draft of this agreement was finalized in February 2015 in the
meeting of Secretaries of Transport of the BBIN countries which was
organized by the Ministry of Road Transport and Highway (MoRTH).

www.psacademy.co.in