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Context: Recently, India, Bangladesh and Nepal have finalized a Memorandum of Understanding(MoU) for implementing the Bangladesh-Bhutan-India-Nepal (BBIN) Motor Vehicles Agreement(MVA).
About BBIN Motor Vehicles Agreement:
Assistance: Asian Development Bank(ADB) has been providing technical, advisory, and financial support to the BBIN MVA initiative as part of its assistance to the South Asia Subregional Economic Cooperation (SASEC) program.
Why has Bhutan decided to stay out of BBIN MVA?
Note: Bhutan is the only country in the world that is carbon negative, which means it produces more oxygen than it consumes.
By: Shubham Tiwari ProfileResourcesReport error
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