BBIN critical for connectivity in the region
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Bangladesh has reiterated the need for an early implementation of the proposed Bangladesh-Bhutan -India-Nepal (BBIN) Motor Vehicles Act to boost connectivity and economic development in South Asia.</p>
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According to <a href="https://unb.com.bd/category/Bangladesh/bbin-pact-to-boost-bangladesh-nepal-ties-momen/80802">United News of Bangladesh</a> (UNB) the country&rsquo;s foreign minister AK Abdul Momen raised the issue with the outgoing Nepalese Ambassador to Dhaka Banshidhar Mishra.</p>
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Nepal and Bhutan, the two landlocked countries in the region, are dependent on India and Bangladesh for port access.</p>
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While experts said that fast-tracking the BBIN project would have boosted economic growth in the region especially in the post Covid phase, Nepal&rsquo;s political situation with Prime Minister Sher Bahadur Deuba coming in amid several other challenges could delay the implementation of the BBIN project.</p>
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<strong>Also read: <a href="https://www.indianarrative.com/economy-news/india-and-bangladesh-set-to-hold-high-level-talks-to-expand-connectivity-through-waterways-122017.html">India and Bangladesh set to hold high level talks to expand connectivity through waterways</a></strong></p>
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Analysts said that Dueba will have to prioritise other pressing issues at home.</p>
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The BBIN initiative can be a game changer in the region. Analysts said that the project will be critical for India at a time when China is expanding its military and economic might through the multi-billion infrastructure project under the Belt and Road Initiative.</p>
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Meanwhile, countries within the region have emphasised the need to boost connectivity among themselves. South Asian countries are among the least connected and integrated in the world today.</p>
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&ldquo;The eastern sub-region is poised to become an economic growth pole for South Asia. An important component of this development potential is for countries to invest in connectivity &ndash; rail, inland waterways, and roads,&rdquo; Junaid Ahmad, World Bank Country Director in India said in the report. &nbsp;</p>
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