Improved connectivity key to realise intra-regional trade potential in BBIN region: CUTS

New Delhi, Mar 3 (PTI) Improved transport connectivity between Bangladesh, Bhutan, India and Nepal (BBIN) would help in promoting intra-regional trade in the region, research firm CUTS International said on Friday.

Bipul Chatterjee, Executive Director of CUTS International, said that transport connectivity should be the main building block for intra-regional trade and cooperation in the BBIN sub-region and this must cover different modes of transportation.

"We have identified that several multi-modal connectivity options are already present in this sub-region and they need to be nurtured to realise their potential to double intra-regional trade in this sub-region from the current level of USD 20 billion," he said.

He was speaking at a meeting on multi-modal connectivity in the region.

Didar Singh, Distinguished Fellow at CUTS International, said improved political economy understanding is required to give the necessary push in this direction. PTI RR RAM