What is an MVA Agreement?
Despite these lofty expectations, nothing has been done to put the agreement into action throughout the years. Multiple hurdles have arisen in this project, including issues with existing infrastructure and a lack of a timely attitude when implementing this project. To foster regional economic integration, existing infrastructure must be used to its full potential. Probably, the MVA's full economic potential will not be realised due to the sluggishness with which it was implemented. The subregion must recognise that the MVA has the potential to improve the cross-country mobility of cargo and passenger vehicles while also opening up new development opportunities. While taking this agreement forward, new avenues for supply chain growth and intermodal/multimodal logistics services should be explored. The agreement's implementation has also gone through several stages, including trial runs of transportation routes and vehicles. Furthermore, cars travelling on predetermined routes necessitate transportation service facilities such as rest stops, gas stations, and any other amenities required by both crew members and automobiles. The MVA covers all of these factors in its various parts.
