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4.2.1. Recent Developments

India proposed a SAARC Motor Vehicle Agreement during the SAARC Summit in Kathmandu in November 2014. Due to objections from Pakistan, an agreement could not be reached.

India instead pursued a similar motor vehicle agreement with the BBIN. The Bangladesh- Bhutan-India-Nepal Motor Vehicles Agreement was signed on 15 June 2015.

However, in 2017 Bhutan backed out from joining this agreement asking the other countries to continue with operationalisation.

 

♤ India approved $1.08 Billion for construction and upgradation of 558 km long roads that join Bangladesh, Bhutan and Nepal.