The Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Signing and ratifying the SAARC Motor Vehicles Agreement at the SAARC summit on November 26-27, 2014 in Kathmandu. Further, the Cabinet approved the signing of a Bilateral Agreement for the regulation of passenger traffic between Government of India and Republic of Nepal on the sidelines of the forthcoming SAARC Summit in Kathmandu. The Cabinet has also authorized the Ministry of Road Transport & Highways to sign similar Bilateral Agreements and Protocols with other SAARC member States.