Intraregional trade in South Asia accounts for barely five percent of the region's total trade-just a fraction of the 25 percent for the ASEAN region. Bilateral trade between Bangladesh and India represents only 10 percent of Bangladesh's total foreign trade, and one percent of India's trade. A key factor for the low numbers is the sub-optimal transport integration in the region. Transport integration agreements in South Asia therefore are crucial for creating cross-border integrated transport markets in the region. The Motor Vehicles Agreement (MVA)-signed by Bangladesh, Bhutan, India, and N...