Cabinet okays draft of motor vehicle deal

The cabinet today approved the draft of motor vehicle agreement among Bangladesh, Bhutan, India and Nepal.

Transport ministers of the four Saarc nations are likely to meet in Thimphu to ink the deal on June 15 to start seamless transit of passenger, cargo and personal vehicles between the countries, Cabinet Secretary M Mosharraf Hossain Bhuiyan told reporters after the meeting in the afternoon.

Prime Minister Sheikh Hasina chaired the meeting.

The deal will allow vehicles to ply designated routes in the four countries and reduce cost and time of unloading and loading of people and goods at the borders, making cross-border trade more efficient.