India, Nepal, Bhutan and Bangladesh Sign a Motor Vehicles Agreement for road traffic

The Union Minister for Road Transport & Highways and Shipping, Shri Nitin Gadkari with the Minister of Road Transport and Bridges, Bangladesh, Mr. Obaidul Quader, the Minister of Information and Communications, Bhutan, Mr. Lyonpo D.N. Dhungyel and the Minister of Physical Infrastructure and Transport, Nepal, Mr. Bimalendra Nidhi on the occasion of signing of the Motor Vehicles Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic between Bangladesh, Bhutan, India and Nepal, in Thimphu, Bhutan on June 15, 2015.
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India, Nepal, Bhutan and Bangladesh Sign a landmark Motor Vehicles Agreement for seamless movement of road traffic among Four SAARC Countries in Thimpu

India, Nepal, Bhutan and Bangladesh signed a landmark Motor Vehicles Agreement (MVA) for the Regulation of Passenger, Personnel and Cargo Vehicular Traffic among the four South Asian neighbours in Thimpu, Bhutan today. The MVA agreement between sub-grouping of four SAARC nations, Bangladesh, Bhutan, India and Nepal (BBIN) will pave the way for a seamless movement of people and goods across their borders for the benefit and integration of the region and its economic development. The BBIN MVA Agreement was signed by the Union Minister of Road Transport & Highways and Shipping Mr. Nitin Gadkari on behalf of India.

Mr. Gadkari headed the Indian delegation at the Transport Ministers conference of the BBIN. Others who participated included Mr. Obaidul Quader, Minister of Road Transport and Bridges of Bangladesh, Mr. Lyonpo D. N. Dhungyel, Minister of Information and Communications, Bhutan, and Mr. Bimalendra Nidhi, Minister of Physical Infrastructure and Transport, Nepal.

Earlier, addressing the BBIN Transport Ministers conference, Mr. Nitin Gadkari said, “This indeed is a momentous achievement for all the four neighbours. This historic agreement will further promote our cooperation in trade and commerce apart from further cementing our age old cultural ties.” Mr. Gadkari further said, “The Motor Vehicles Agreement is the “Over arching” frame work to fulfill our commitment to enhance regional connectivity. This will need to be followed through with formulation of the required protocols and procedures in the shortest time possible to realize the ultimate objective of free movement of people and goods in the region. This would further need to be supplemented through building and upgrading roads, railways and waterways infrastructure energy Grids, communications and air links to ensure smooth cross border flow of goods, services, capital, technology and people. Taken together, this provides enormous opportunity for integration and development of our region.”

Mentioning about the initiative to strengthen connectivity of the sub-region to ASEAN, the Minister said, “In this regard a major breakthrough has been achieved between India-Myanmar and Thailand. Three nations have agreed to develop a similar framework motor vehicle agreement on the lines of draft SAARC Motor vehicle agreement. Secretary level discussions were successfully concluded in Bengaluru this month and consensus has been reached on the text of Agreement. On conclusion of this Agreement, our sub-region will get access to the larger ASEAN market through seamless passenger and cargo movement.”

In a joint statement released on the occasion, the Minister of the four countries acknowledged, “The finalization of the BBIN MVA would allow us to move forward, in an accelerated fashion, with implementation of land transport facilitation arrangements between and among our countries. This, in turn, would enable the exchange of traffic rights and ease cross-border movement of goods, vehicles, and people, thereby helping expand people-to-people contact, trade, and economic exchanges between our countries. We will endeavor to accelerate the preparatory steps for the effective and sustainable implementation of the BBIN MVA, starting with the formulation, negotiation, and finalization of the necessary legal instruments and operating procedures. We recognize that the BBIN MVA is a complementary instrument to the existing transport agreements or arrangements at the bilateral levels that the Contracting Parties will continue to honor. Implementation difficulties, if any, will be resolved based on provisions of the BBIN MVA.”

Taking note of the finding that transforming transport corridors into economic corridors could potentially increase intraregional trade within South Asia by almost 60% and with the rest of the world by over 30%, the joint statement read, “We acknowledge that apart from physical infrastructure, the development of economic corridors within and between our countries requires the implementation of policy and regulatory measures, including the BBIN MVA, which will help address the nonphysical impediments to the seamless movement of goods vehicles and people between our four countries.”

A BBIN Friendship Motor Rally is planned to be held in October 2015 to highlight the sub-regional connectivity and the scope and opportunities for greater people-to-people contact and trade under the BBIN initiative.


Minister of Steel & Mines meets delegation from Kazakhastan to ‘mine out’ areas for collaboration

One month ahead of Indian Prime Minister’s scheduled visit to the Republic of Kazakhastan, Union Minister of Steel and Mines Shri Narendra Singh Tomar met a delegation from Kazakhstan, led by Minister of Investment and Development of Kazakhastan, Mr Asset Issekeshev, at Udyog Bhawan here today. The meeting witnessed high level deliberation regarding areas of mutual collaboration between the two countries, particularly in the mining sector. Welcoming prospective partnership with Kazakhastan, Shri Tomar said, “This government is proactive to collaborate with governments and industries abroad to foster mutual growth and industrial development, and we look forward to further economic partnership with Kazakhastan.” Secretary (Mines) Shri Anup K Pujari, Additional Secretary (Mines) Shri AS Sridharan, CMD, NMDC Shri N Kothari, senior officers from the Ministry of Steel and representatives from steel and mines PSUs also attended this meeting. Ambassador of Republic of Kazakhstan in India, Mr Sarsenbaev Bolat, senior government officials of Kazakhastan and heads of industry attended the meet on behalf of Kazakhastan.

Shri Tomar informed the delegation about the interest elicited by Indian state-owned companies in aiding exploration and mining in the mineral rich country of Kazakhastan. He urged the delegation to take a re-look at the proposal made by NMDC to undertake exploration in Greenfield projects, especially in iron ore, coal and potash. The Minister also informed members that Indian Bureau of Mines (IBM) and Geological Survey of India (GSI) were ready to offer necessary training and mentoring support to the respective industry in related areas of regulation, monitoring, policy formulation, policy implementation and capacity development. Shri Tomar welcomed the idea of forming a Working Group that would study avenues for alliance in detail, and pave way for forging an MoU between the two countries.

Mr Asset Issekeshev informed the meeting that Kazakhastan had developed rail connectivity, via Iran, to the port of Bandar Abbas, which would solve all issues pertaining to transportation of minerals, hitherto caused by poor connectivity. He expressed keenness of Kazakh public and private companies to join hands with their Indian counterparts, which was welcomed by Shri Tomar and PSUs present during the meet. Mr Issekeshev apprised officials that besides being richly endowed in Copper, Zinc, Gold, Iron ore, Tungsten and other such minerals, industry in Kazakhastan was also making foray in the area of steel production. He sought Indian alliance in both exploration, a priority which was reinforced by Shri Tomar, and also in the area of mining. Shri Tomar sought a list of such proposed partnerships from the Kazakh delegation for taking it ahead with companies concerned.

Shri Piyush Goyal Reviews J & K Power Sector in Srinagar

Shri Piyush Goyal ,Union Minister of State (IC) for Power, Coal and Renewable Energy took a review meeting of the power sector of J&K, in the presence of Dy. Chief Minister, J&K Dr. Nirmal Singh, Finance Minister, J&K Dr. Haseeb A. Drabu, Shri Sajjad Gani Lone, Minister for S&T & Animal Husbandry , J&K and MoS (Power), Shri Mohammad Ashraf Mir at Sher-E-Kashmir International Convention Centre (SKICC), at Srinagar today . The meeting was attended by the Chief Secretary, J&K, and senior officers from Ministry of Power , J&K Govt. and Central PSU’s.

During the meeting , presentation was given by Principal Secretary P.D.D J&K Govt. on power scenario of J&K State and discussion were held on various issues pertaining to transmission, distribution generation & renewable energy-solar.

Shri Goyal assured all help from Central Govt. for expeditious development of conventional and nonconventional energy sources of J&K State. He also emphasised on reducing the transmission & distribution losses. He stressed the need for using energy efficient devices to reduce losses.

During the meeting Joint Venture agreement between NTPC – JKSPC was assigned for development of coal mine for power generation and MOU between J&K State and JKPDD- BEE (Govt. of India) was signed to bring out energy efficiency in power transmission & distribution in J&K State.

Earlier today morning , Shri Piyush Goyal also met Shri Mufti Mohammad Sayeed Chief Minister J&K in Srinagar today.

India, Nepal, Bhutan and Bangladesh Sign a Motor Vehicles Agreement for road traffic India, Nepal, Bhutan and Bangladesh Sign a Motor Vehicles Agreement for road traffic Reviewed by Ajit Kumar on 7:14 PM Rating: 5

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