PM’s Bangladesh visit- On the cards: Motor vehicles pact to make trade easier
DHAKA, May 24 (NsNewsWire) — Ahead of Prime Minister Narendra Modi’s visit to Bangladesh in June, Foreign Secretary S Jaishankar Saturday said they are discussing a motor vehicles agreement between India, Nepal, Bhutan and Bangladesh, as an initiative under sub-regional cooperation., reports http://indianexpress.com
The agreement, if it comes through, will allow trucks to travel between these countries and make trade easier.
Jaishankar, who was speaking at the 6th India-Bangladesh friendship dialogue, said, “Possibilities are immense under the regional and sub-regional cooperation. The motor vehicles agreement is being negotiated for the BBIN (Bangladesh, Bhutan, India and Nepal).” A meeting of senior officials has already taken place in this regard, he added.
This assumes significance as Pakistan had last November blocked the agreement, citing domestic processes.