Compiled features on recent developments in regional cooperation and integration in the SASEC region.
Bangladesh, Bhutan, India, and Nepal (BBIN) finalized the text for the protocol for the BBIN Motor Vehicles Agreement to ensure smooth transport between the BBIN countries. The BBIN Motor Vehicles Agreement aims to improve intraregional trade and connectivity for passengers, cargo, and vehicular traffic by removing barriers and regulations.
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Tags: Bangladesh, BBIN Motor Vehicles Agreement, Bhutan, India, Nepal, Trade Facilitation, Transport
ADB under the SASEC program has invested more than $15 billion in the priority sectors of transport, energy, trade facilitation, economic corridor development, and ICT as of 2020. To fully realize BBIN's potential, countries must also invest in regulatory reform in logistics services. This is an excerpt of an article that appears on the Tatsat Chronicle.
Tags: Bangladesh, BBIN Motor Vehicles Agreement, Bhutan, India, Nepal, Regional Trade, Transport