Standard Post with Image

India-Myanmar-Thailand (IMT) Motor Vehicle Agreement by December 2015: Fostering Ties with Neighbours

News

India is set to enter into another landmark motor pact with Myanmar and Thailand by year-end, on the lines of the one signed with three other SAARC nations to allow seamless flow of traffic among them. 

Source: ET

SNP Insights:

This trilateral agreement may help in fostering  ties between the neighbouring countries by way of providing seamless passenger and cargo vehicles between these countries. This may result in fostering trade and greater economic cooperation between ASEAN countries which will pave way for similar agreements between other countries in future.

Source: SNP Infra Research