English | 中文版 |  Русский

Breaking News:

Source: www.asiaecon.org |

BANGLADESH GETS ABOARD ASIAN HIGHWAY NETWORK


Bangladesh decided in principle to sign the Asian Highway Network (AHN) agreement, accepting the proposed routes, and make the nation a member of the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP). The UN Economic and Social Commission for Asia and the Pacific first launched the cross-continent highway initiative in 1959, in a bid to enhance regional and international communications between Asia and Europe. The network will have 141,000 kilometers standard highways and that will be connected with countries located both on the east to the west.


Bangladesh decided in principle to sign the Asian Highway Network (AHN) agreement, accepting the proposed routes, and make the nation a member of the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP).

The UN Economic and Social Commission for Asia and the Pacific first launched the cross-continent highway initiative in 1959, in a bid to enhance regional and international communications between Asia and Europe.The Asian Highway network is a network of 141,000 kilometers       of standardized roadways crisscrossing 32 Asian countries with linkages       to EU.

The Intergovernmental Agreement on the Asian Highway Network was adopted on 18 November 2003 by an intergovernmental meeting held in Bangkok, was open for signature in April 2004 in Shanghai and entered into force on 4 July 2005. The project is sponsored by the UN and ESCAP.

The decision on the country’s accession to UN-ESCAP-sponsored Intergovernmental Agreement on the Asian Highway Network (AHN) has been taken so that Bangladesh could take part in the process of fixing routes, as becoming a member is a prerequisite to negotiate for route changes.



Bangladesh Premier Minister Sheikh Hasina said that the country does not want to get isolated from global development. “For rapid socioeconomic development of our country, we need to be linked with the Asian Highway,” Ms. Hasina said.
After the agreement Bangladesh will become a member of the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP).

Total of US$26 billion has already been invested in the improvement and upgrading of the Asian Highway network. However, there is still a shortfall of US$18 billion. UNESCAP is finding money with members to improve their road transport capacity and efficiency.


Bangladesh has three options on route to be linked with the highway. These were Benapole-Dhaka-Sylhet-Tamabil; Hatikamrul-Dhaka-Sylhet-Tamabil; and Mongla-Hatikamrul-Dhaka-Cox’s Bazar-Myanmar border.

The cabinet also approved in principle the Islami University (amendment) Act, 2009, and the Government Water Body Management Policy, 2009.

On May 21, Communications Minister Syed Abul Hossain told reporters after a meeting of the UN-ESCAP Intergovernmental Agreement on the Asian Highway Network that the decision to connect Bangladesh with the proposed AHN would benefit the country.“We will present the summary in the next cabinet meeting for the government’s approval. We would inform the government’s decision to the UN-ESCAP after approval,” the minister added.

Source: www.asiaecon.org |


More Special Articles - Asia Business & Economy Articles