Bhutan has announced that it would not be able to ratify the Bangladesh, Bhutan, India, Nepal motor vehicles agreement for the time being and asked the other stakeholders to go ahead with the plan without it.<br/>A Foreign Ministry statement said in Thimpu yesterday that while the other three countries have already ratified the agreement, the Government of Bhutan is in the process of completing its internal procedures for ratification, to address the concerns raised by the domestic stakeholders. It said, the agreement will enter into force for Bhutan after its ratification process is completed.<br/><br/>The government said it views the BBIN as a platform, encompassing key areas such as energy, trade, information, communication and technology. Recognising the importance of connectivity for expansion of economic cooperation, the Transport Ministers of the four countries signed the agreement for regulation of passenger, personal and cargo vehicular traffic on June 15, 2015.<br/><br/>Right from the time the BBIN MVA was tabled for ratification, the draft legislation faced opposition in Bhutan. There have been fears of vehicular pollution and environmental degradation if trucks from neighbouring countries are given access to Bhutan.<br/><br/>The MVA was proposed to reduce transport costs drastically and and foster development of multi-modal transport facilities for a better connectivity between the four countries.