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BBIN Motor Vehicle Agreement: For a Seamless Road Transit Between Bangladesh,Bhutan, India and Nepal

News

The Cabinet has approved signing of the Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicle Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic amongst BBIN. The agreement will be signed on 15th June at the BBIN Transport Minister's meeting in Thimpu, Bhutan.

Source: ET 

SNP Insights

The BBIN Pact is expected to provide seamless transfer of  goods and passengers across these border countries via roadways which will result in increased trade activities, regional integration and economic development across these nations. In long run this may open doors for creating well developed trans national highways to accomodate the traffic movement between these countries.

Source: SNP Infra Research