Four-nation road connectivity from January
16 October 2015, Nirapad News: Road transport and bridges minister Obaidul Quader said passenger and cargo vehicles will begin plying across the borders of four countries – Bangladesh, Bhutan, India and Nepal (BBIN) – from January next.
“Renovation works of roads in Bangladesh is underway to provide the required facilities and this will be complete within stipulated time,” he said.
The minister came up with the disclosure while talking to media at conference room of his secretariat office in city on Thursday.
As per respective country’s rules and regulations, Value Added Tax (VAT) will remain fixed in plying passenger and cargo vehicles, the minister went on.
Obaidul Quader further said that rate of the VAT, which to be imposed in Bangladesh, will be fixed timely after consultation with stakeholders.
The BBIN Friendship Motor rally will start from Bhubaneshwar of India on November 14 and will go through Kolkata, Dhaka and Chittagong.
All four countries will join the motor rally to highlight the sub-regional connectivity and the scope and opportunities for greater people-to-people contact and trade under the BBIN initiative.
On June 15, 2015, the transport ministers of four south Asian neighbors – Bangladesh, Bhutan, India and Nepal, now better known as the BBIN – signed a landmark Motor Vehicles Agreement (MVA) in Thimpu of Bhutan.