Bhutan govt to place bill for ratification of BBIN initiative at its upper senate


From UPSC perspective, the following things are important :

Prelims level : BBIN Initiative

Mains level : Importance of regional connectivity for India and its neighborhood

BBIN Initiative

  • Bangladesh, Bhutan, India, and Nepal (BBIN) signed a Motor Vehicles Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic.
  • Aside from facilitating the cross-border movement of passengers and goods, the agreement is expected to “promote safe, economical efficient and environmentally sound road transport in the sub-region
  • It will help to create “an institutional mechanism for regional integration.”
  • It may increase trade within the South Asia region by nearly 60% and trade by the region with outside partners by more than 30% over current levels.
  • But nearly two years after ministers from Bhutan, Bangladesh, India and Nepal signed the BBIN MVA in Thimphu; the Bhutanese government withdrew from the agreement followed Bhutan’s domestic resistance to ratify the agreement.

Why in news again?

  • The Bhutan government will place the bill for ratification of Bangladesh-Bhutan-India-Nepal (BBIN) initiative for road and rail connectivity at its upper senate.
  • The Motor Vehicle Agreement of BBIN countries was signed in 2015 by the four member countries.
  • Bangladesh, India and Nepal have implemented the agreement but Bhutan is yet to accord its ratification of the agreement.

For additional readings on BBIN Initiative, navigate to:

BBIN agreement

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