Open Border Deal Among India, Bhutan, Bangladesh, Nepal



Under the work-plan for project implementation, the formalisation of the BBIN MVA is expected to be completed by August. The installation of project pre-requisites like IT, infrastructure, tracking and regulatory systems are scheduled by December 2015.

The joint statement called BBIN MVA a complementary instrument to existing transport agreements at the bilateral levels between the four countries. This, it said, will continue to be honoured by the contracting parties.

The statement further said that the protocol is also a result of strong determination expressed by the leaders of the eight-nation South Asian Association for Regional Cooperation (SAARC) at their 18th summit in Kathmandu in November last year to deepen regional integration.

The leaders also noted with concern the poor merchandise trade under the free trade pact, which amounted to a mere $3 billion since July 2006.

"We further recall their renewed commitment to substantially enhance regional connectivity in a seamless manner through building and upgrading roads, railways, waterways infrastructure, energy grids, communications and air links," the joint statement added.

The joint statement's reference to the SAARC MVA assumes significance as the stalled agreement prompted the 18th summit to encourage member states to initiate regional and sub-regional steps to enhance connectivity. The BBIN MVA is the culmination of that development.

Gadkari announced in the meeting that a major breakthrough has also been achieved between India-Myanmar and Thailand and that the three nations have agreed to develop a similar framework agreement on the lines of the draft SAARC MVA.

"Secretary-level discussions were successfully concluded in Bengaluru this month and consensus has been reached on the text of agreement," the minister said.

"On conclusion of this agreement, our sub-region will get access to the larger ASEAN (Association of Southeast Asian Nations) market through seamless passenger and cargo movement."
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Source: IANS