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  • Approval for signing and ratifying SAARC (South Asian Association for Regional Cooperation) Regional Railways Agreement (20-November 2014)
  • SAARC Motor Vehicle Agreement for the Regulation of Passenger and Cargo Vehicular Traffic amongst SAARC Member States (20-November 2014)
  • Deendayal Upadhyaya Gram Jyoti Yojana (20-November 2014)
  • North Eastern Region Power System Improvement Project for six (6) States (Assam, Manipur, Meghalaya, Mizoram, Tnpura and Nagaland) for strengthening of the Intra-State Transmission and Distribution System (20-November 2014)
  • Signing of "SAARC Framework Agreement for Energy Cooperation (Electricity)" among the SAARC Member countries in the forthcoming 18th SAARC Summit (20-November 2014)
  • Integrated Power Development Scheme (20-November 2014)
  • Memorandum of Understanding between India and Nepal for strengthening cooperation in the field of Tourism (20-November 2014)
  • Scheme for Revival of 23 unlicensed District Central Cooperative Banks in Uttar Pradesh, Maharashtra, West Bengal and Jammu & Kashmir (05-November 2014)
  • Withdrawal of the Food Safety and Standards (Amendment) Bill, 2014 (05-November 2014)
  • Treaty on transfer of sentenced persons between India and Nigeria (05-November 2014)
  • Amendments to the Merchant Shipping (Second Amendment) Bill, 2013 (05-November 2014)
  • Raising the authorized share capital of Indian Renewable Energy Development Agency (05-November 2014)
  • Amendments to the Merchant Shipping (Amendment) Bill 2013 (05-November 2014)

Approval for signing and ratifying SAARC (South Asian Association for Regional Cooperation) Regional Railways Agreement

The Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved signing and ratifying the SAARC Regional Railways Agreement by India, as a member State of SAARC.

SAARC region is considered one of the least networked regions in terms of physical and soft connectivity leading to high costs and low volumes of trade recognizing which the leaders of the SAARC countries agreed that better transport infrastructure and linkages among the SAARC countries was necessary. A study viz. the SAARC Regional Multi Modal Transport Study (SRMTS) of 2005 undertaken by SAARC Secretariat had recommended multilateral agreements permitting free movement of people, goods and services within SAARC region in the Road and Rail sector and this was endorsed by the SAARC countries in the Summit level and Transport Ministers meetings. Accordingly, the Regional Rail Agreement (RRA) was drafted by India for SAARC countries in 2008. Since then, the draft Agreement has been discussed in the three meetings of the Expert Group on Regional Rail Agreement and in the meetings of Inter-Governmental Group on Transport (IGGT) and the text of the Agreement proposed now for signature was finalized in the 5th IGGT held in New Delhi on 30th September, 2014.

The SAARC Regional Railways Agreement will strengthen transport connectivity in the SAARC Region. Strengthened rail and transport connectivity will not only provide stimulus to the economic development in the region as a whole but also promote social and cultural contact and encourage tourism amongst the Member States. The Regional Rail Agreement will also enable low cost, energy efficient and environmentally sustainable transportation in the SAARC region and provide trade and economic links for the land locked countries and semi isolated regions.

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