India on Monday signed a major motor vehicles pact with three SAARC nations -- Bhutan, Bangladesh and Nepal -- that will enable seamless transit of passenger and cargo vehicles among them.
Transport Minister Gadkari, addressing the conference at Thimpu, said: "This MVA, which would eventually allow motor vehicles of all categories registered in our countries to move freely in the region, is a first and small but substantial step endorsing the commitment of our national leaders to deepen regional integration for peace, stability and prosperity." As per the agreement, the four countries will carry out a six-month work plan from July for the implementation of the BBIN MVA in accordance with the preparation of bilateral, perhaps trilateral or quadrilateral agreements and protocols, installation of the prerequisites for implementing the approved agreements, among others.
India inks landmark motor pact with 3 SAARC nations | Latest News & Updates at Daily News & Analysis
Transport Minister Gadkari, addressing the conference at Thimpu, said: "This MVA, which would eventually allow motor vehicles of all categories registered in our countries to move freely in the region, is a first and small but substantial step endorsing the commitment of our national leaders to deepen regional integration for peace, stability and prosperity." As per the agreement, the four countries will carry out a six-month work plan from July for the implementation of the BBIN MVA in accordance with the preparation of bilateral, perhaps trilateral or quadrilateral agreements and protocols, installation of the prerequisites for implementing the approved agreements, among others.
India inks landmark motor pact with 3 SAARC nations | Latest News & Updates at Daily News & Analysis