February 13, 2024
1 min read

‘India Leads as Dhaka’s Prime Export Hub in Asia’

Verma’s remark came after Shipping Minister Khalid Mahmud Chowdhury inaugurated the Sultanganj port on Monday…reports Asian Lite News

Indian High Commissioner to Bangladesh Pranay Verma said New Delhi was today Dhaka’s largest export destination in Asia, and hoped that better connectivity links and new measures like trade in Indian Rupee will further enhance exports to India.

Verma’s remark came after Shipping Minister Khalid Mahmud Chowdhury inaugurated the Sultanganj port on Monday, establishing naval connectivity between Bangladesh’s Rajshahi and India’s Murshidabad.

“With our contiguous geography and shared history and culture, we are actually re-connecting our two countries,” Verma said.

This inauguration marks the first of the five trial movements of cargo vessels between Maia Port in India and Sultanganj, Godagari Port of Call in Bangladesh on Indo Bangladesh Protocol (IBP) Route 5 and 6.

There is significant potential for cargo movement through this IBP Route, which is expected to give new impetus to the Inland waterways ecosystem in both countries.

Verma said that the re-opening of the Maia-Sultanganj river route is a step which will benefit the local economies on the two sides of the border as well as also contribute to national economies and strengthen sub-regional cooperation and integration.

The High Commissioner said negotiation on the Comprehensive Economic Partnership Agreement (CEPA) between India and Bangladesh is going to start soon.

ALSO READ: Bangladesh cries foul over Rohingya issue

Previous Story

Tariq Ahmad embarks on latest Gulf tour

Next Story

Trump’s approach to NATO not sensible, says Cameron

Latest from -Top News

Modi: We’ll Hunt Them Down

The Prime Minister thanked nations that extended support to India in the aftermath of the terror attack…reports Asian Lite News In his first address after the horrific terror attack in Pahalgam, Jammu

Moscow Steps Up Afghan Diplomacy

Russia sees a potential economic partner in the Taliban authorities, who praised Moscow for scrapping the “terrorism” label last week…reports Asian Lite News Russia has announced that it will elevate the Afghan

World leaders condemn Kashmir terror attack 

Strong messages of condemnation of the terror attack came from leaders in different parts of the world including the US, Russia, UAE, Israel, Singapore, France, Sri Lanka and Iran  World leaders strongly

India downgrades ties with Pakistan 

The decision — which also included the downgrading of diplomatic ties with Pakistan — came after a meeting of the Cabinet Committee on Security (CCS), chaired by the PM   India on

Sindh Lawyers Lead Protests Against Canal Plan 

The protests, which have been ongoing for weeks, have gathered significant attention from various sectors of Sindh’s civil society, including nationalist parties, farmers, writers, and members of the legal community.  Judicial activities
Go toTop

Don't Miss

UK to work closely with India on COP26: British envoy

“We are delighted Prime Minister Modi joined the UK-hosted G7

India rules out interconnectedness in death of students in US

Jaiswal emphasised the lack of interconnectedness among the incidents and