|Connectivity Needed for BIMSTEC to Succeed|
The BIMSTEC region hosts 21% of the world’s population and holds great potential for trade. Experts at the Conference on Facilitating Connectivity in Bay of Bengal Region held in Dhaka, Bangladesh, stressed the importance of regional connectivity for BIMSTEC to succeed and to facilitate economic growth among BIMSTEC member countries.
Tags: BIMSTEC, ASEAN, SAARC, Regional Cooperation, Cooperation, Bangladesh
|ADB to Back Bangladesh Road Connectivity and Energy Trade|
The Asian Development Bank (ADB) is ready to assist Bangladesh in its efforts to improve transport and energy connectivity. Mr. Wencai Zhang, Vice President, ADB, affirmed that ADB will continue to support Bangladesh in its goal of becoming a developed country by 2041, as well as in achieving the Sustainable Development Goals and minimizing climate change impact.
Tags: ADB, Bangladesh, Bhutan, BBIN, Cooperation, Development, Motor Vehicles Agreement, Energy, Investment, Nepal
|Harmonize Customs Duties for BBIN Success|
BBIN Business Forum states that Customs duties and taxation must be harmonized in order to improve trade among Bangladesh, Bhutan, India, Nepal. Following the successful signing of the Bangladesh-Bhutan-India-Nepal Motor Vehicles Agreement (BBIN MVA), the countries must now pursue ways to make the movement of goods and people easier.
Tags: Bangladesh, India, Trade Facilitation, Transport, Cooperation
|Bangladesh Prime Minister: Good Ties with Neighbors, Connectivity to Boost Trade|
Good relations, regional connectivity, and cooperation among Bangladesh, Bhutan, India, and Nepal (BBIN) countries boost trade and business in South Asia, said Bangladesh Prime Minister Sheikh Hasina on 18 June 2016.
Tags: Cooperation, Bangladesh, Trade, BBIN
|India Approves MoU on Technical Cooperation with Bhutan|
The Governments of Bhutan and India are set to sign a Memorandum of Understanding (MoU) on technical cooperation in the field of capacity building, benchmarking and bilateral exchange in infrastructure engineering, following approval of the Government of India in a meeting chaired by India Prime Minister Narendra Modi. The MoU will provide an umbrella for educational, scientific and technical research and environment protection.
Tags: India, Bhutan, Infrastructure, Cooperation, Environment