Bangladesh s income to hike by 17 percent after Maitri Setu orlandoecho.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandoecho.com Daily Mail and Mail on Sunday newspapers.
Titled “Connecting to Thrive: Challenges and Opportunities of Transport Integration in Eastern South Asia,”the report analyzes the Bangladesh-Bhutan-India-Nepal (BBIN) Motor Vehicles Agreement (MVA); compares it with international best practices; and identifies its strengths as well as gaps for seamless regional connectivity.
With ample space of enhancing trade ties between India and Bangladesh, the two neighbours should move towards seamless transport connectivity including setting up of an efficient regional transit regime and harmonising driver s licensing and .
A free trade agreement (FTA) could increase Bangladesh's exports to India by 182 per cent and by 126 per cent the other way round, says a new World Bank report. Improving transport connectivity could take it even further, by 297 per cent and 172 per cent respectively, it said. The border could be made irrelevant from a trade perspective by removing the barriers, it stated.
Read more about BBIN countries in South Asia can be economic growth pole: WB India head on Business Standard. Connectivity between Bangladesh and India, alongside Bhutan and Nepal, has the potential to make the sub-region an economic growth pole for South Asia, World Bank India Head Junaid Ahmad said