The BBIN MVA will enter into force on its ratification and issue of notifications by all the four countries.
Negotiations for finalizing a similar Motor Vehicles Agreement among India, Myanmar and Thailand (IMT) for enhanced regional connectivity through road transportation have been held and consensus on the text of the MVA evolved by the three countries. For finalizing the text of Protocol and its Schedules which would be part of the IMT MVA, negotiations are required to be concluded among the three countries. Tentatively, the three countries have agreed during IMT Transport Secretary level meeting on 13-14th July, 2015 that the IMT MVA can be signed during a Transport Ministers' meeting of three countries in Myanmar in November 2015 by when the respective country Governments would complete their internal approval process. This agreement will facilitate movement of cargo and passengers (including personal vehicles) on the India-Myanmar-Thailand road corridor, enhancing intra-regional and inter-regional trade and commerce in South Eastern Asia. There is no proposal at present for signing a separate MVA with Sri Lanka.
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