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Consider the following statements about BBIN Initiative (Bangladesh, Bhutan, India and Nepal)
1. BBIN initiative was aimed at connecting the four countries for seamless cross-border movement of people and goods.
2. The basis of this initiative is the Motor Vehicle Agreement signed by these four countries.
3. The BBIN initiative has been stalled as the Nepalese Parliament has rejected the Motor Vehicle Agreement.
Select the correct answer using codes given below
1 and 2 only
2 and 3 only
1 and 3 only
All of the above
The 4 countries signed the motor vehicle agreement in 2015 SAARC summit to give effect to the BBIN initiative. But recently the Bhutanese National Council (upper chamber) rejected the motor vehicle agreement citing that it is not going to benefit from the initiative as most of its trade is with India only.
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