• Saturday, Jan 22, 2022
  • Last Update : 03:32 am

BBIN can be a game-changer

  • Published at 12:04 am September 27th, 2016
  • Last updated at 12:12 am September 27th, 2016
BBIN can be a game-changer

The three planned land ports under the Bangladesh-Bhutan-India-Nepal initiative will, if implemented properly, revitalise trade relations in the region and open up new vistas for Bangladesh.

The proposed land ports in Sylhet, Rangamati, and Satkhira are strategically placed for the greatest trade benefits. The Bhomra port in Satkhira, for example, is close enough to Kolkata to drastically reduce import-exports costs between India and Bangladesh.

Safe, economically efficient, and environmentally sound road transportation policies would go a long way towards cutting out unnecessary hindrances to trade in the region that the business community often faces.

With lower transportation costs, improved facilities, and increased trading capacity, everybody wins.

Greater regional cooperation between these four countries is imperative if the region is to prosper, and BBIN may have a chance to succeed in areas where SAARC has failed.

BBIN’s initiatives don’t end with land ports. Bus and cargo services in the sub-region would have a considerable positive impact by making it easier to travel, increasing people-to-people contact and cross-border activities.

The BBIN roads deal would create opportunities by enabling the seamless movement of passengers and cargo across countries. Under this deal, member states would be allowed use the roads of other member states for the transportation of goods and passengers.

While some security concerns have been raised by BBIN’s critics, more, not less regional connectivity is the solution.

But plans mean nothing if not implemented properly. All four countries involved must commit fully to co-operate on all kinds of infrastructure-building, which include the land ports, and safer and speedier highways.

In time, positive effects of the BBIN corridor could mean not just access to greater markets, but also improved living standards, health care, and education.

50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail