Yes if Nepal, Bhutan, Sri Lanka & Burma are also given access through this route.....it will be significant change in the region but i am afraid its all win-win for Pakistan only and India wouldn't want to see that. India would need Central Asian route in exchange but if that happens its all win-win for India as they are heavily industralized comparing to other countries in this subcontinent. They offer far cheaper rates and tarrifs so they will grab the major chunk in the market in this scenario
Please note the news below to see that BD, Bhutan, Burma, Nepal Indian NE and central India all are to be integrated. Click the link to see the map. Only Pakistan and Afghanistan remain still outside the new arrangement. These two countries should also be integrated under SAARC platform.
Moreover, I remember an old news that said that the proposed route will be Dhaka-Nepal-Delhi-Lahore. So, you get access to Nepal, and then also to Burma and other ASEAN countries. It may not take Pakistani goods to reach ASEAN within 10 days, whereas shipping by sea takes no less than one month. Central asia and Iran are different subject outside of SAARC.
The Tribune, Chandigarh, India - Main News
Dhaka okays crucial highway link to Kolkata
Will boost transit facilities, reduce distance between northeastern states and W Bengal
Ajay Banerjee
Tribune News Service
New Delhi, September 24
In major development, India’s eastern neighbour Bangladesh has finally agreed to start the construction of a highway that will not only provide transit facilities, ensuring easy movement of goods, but also drastically shorten the circuitous route — crucial from the military point of view — between northeastern states and the port city of Kolkata.
Sources said Bangladesh has promised to start the construction work in the next few weeks. The project — to be primarily financed by India — is part of the larger Asian Highway network project connecting the Asian nations. The highway project between India and Bangladesh had been hanging fire for more than five years, with Dhaka stalling it for one reason or the other — primarily due to pressure from Pakistan and China.
The change came after the Sheikh Hasina Government came to power and in July 2009 Indian negotiators managed to push Bangladesh to ink the intergovernmental agreement. However, the construction work didn’t take off. “But now, following cooperation from Bangladesh and persuasion from India, the last obstacle has been cleared ,” said sources.
Two routes have been okayed. The first one will enter from Bengal into Bangladesh at the existing Benapole land port on the border and run across eastwards via Jessore and Dhaka and passing through Sylhet, located on the northeastern edge of Bangladesh, it will enter Assam/Meghalaya.
The second axis will start from North Bengal and enter the neighbouring country at Panchgarh and run southwards via Srirajganj to Dhaka and further southeast to Cox Bazar and Chittagong before entering into Mayanmar. India will be able to use both routes.
Once ready, the highway will solve India’s major problem of moving goods into northeastern states of Nagaland, Tripura, Mizoram and Manipur. At present, it can take up to five days for a truck from Kolkata to reach these areas, adding up to the costs besides the time delay.
Similarly, the highway will give the northeastern states a better and a speedy access to the sea port.
Originally, the intergovernmental agreement on the Asian Highway Network was adopted in November 2003 in Bangkok and opened for signature in Shanghai, China in April 2004 and thereafter at United Nations Headquarters in New York between May 2004 and December 2005. Some 29 Asian countries had signed the agreement in 2004.