External Affairs Ministry spokesperson Gopal Baglay said, "It is our understanding that all members of BBIN (Bangladesh -Bhutan-India-Nepal) are fully committed to sub-regional cooperation within BBIN framework."
Last week, Bhutan had announced that it would not be ratifying the BBIN Motor Vehicles Agreement (BBIN MVA) for the time being and asked other stakeholders to go ahead with the plan without it.
"But it is not a setback and it is not a rejection," he added.
The Bhutan foreign ministry, in a statement, had said while the other three countries in the grouping have already ratified the agreement, the Royal Government of Bhutan is in the process of completing its internal procedures for ratification to address the concerns raised by the domestic stakeholders.
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To facilitate the early implementation of the BBIN MVA, Bhutan said it had decided to give its consent to the other three member states to go ahead with the pact implementation.
To boost trade relations, India had proposed a regional cooperation pact in 2014 which entailed building a freight corridor connecting the south Asian nations with each other.
The MVA was proposed to reduce transport costs drastically and foster development of multi-modal transport facilities for a better connectivity among the four countries.
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