Bbin Motor Vehicle Agreement

At regular JWG meetings, representatives explore avenues for cooperation, exchange experiences and best practices, re-test data exchange modalities for disaster forecasting and reduction, and strengthen measures to facilitate transit, such as common border posts on key routes and harmonised customs procedures. [10] The priority of “connectivity”[11] also includes seamless power grids, common access to road, rail, air and port infrastructure and ease of travel. To this end, a sub-regional agreement on motor vehicles, which was approved by Thimphu[12], would allow buses, and then private vehicles with a BBIN permit, to pass freely through obstacles at the border. [13] [14] Although clearly an economic intent, the diplomatic weight given to this structure as opposed to alternatives in a region considered the least integrated[15] was seen as an objective that goes beyond intertwined trade. [16] The BBIN MVA can be a game changer for neighbourhood cooperation. For the first time, these countries have decided to exchange their traffic rights and offer transit of freight cars and passenger cars within and across international borders. The primary objective is to develop functional transport corridors and then transform them into economic corridors. These economic corridors should play a crucial role in strengthening existing value chains and creating new value chains. In December 2018, Bhutanese Foreign Minister Tandi Dorji said the new government would reconsider the motor vehicle deal as Bhutanese trucks have difficulty entering Bangladesh, while trucks from India and Nepal have easy access. [39] During the second Ministry of Foreign Affairs (FOC) consultations between Bangladesh and Bhutan in Dhaka in March 2019, Mr.

Shahidul Haque, Minister of Foreign Affairs of Bangladesh, stressed the importance of Bhutan`s ratification of the agreement and called it “crucial” for the future development of the region. [40] In addition, freight insurance poses problems, as any vehicle travelling in the territory of another country should have a comprehensive insurance policy. At present, such a policy of one country is not recognized between the contracting parties to the agreement in another country. . . .