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

India, US Step Up Trade Talks

The development comes in the backdrop of the new US ambassador Sergio Gor taking charge in the US embassy is New Delhi….reports Asian Lite News India and the United States are progressing

Lanka Marks Next Phase of Indian Housing Drive

Phases III and IV of the Indian Housing Project highlight India’s commitment to supporting and empowering Sri Lanka’s Indian-origin Tamil community….reports Asian Lite News Sri Lankan President Anura Kumara Dissanayake on Sunday

China’s Grab for Africa

China’s investments aim to strengthen its geopolitical influence and its high-tech manufacturing sector in Africa…reports Asian Lute News China is further consolidating its dominance in the rare earth elements sector by expanding

Pakistan Courts in Peril

The question now is whether Pakistan’s courts can continue to function as guardians of the law, or whether they will be reduced to instruments of control…reports Asian Lite News Pakistan judiciary’s independence
Go toTop

Don't Miss

Mamata attacks BJP, seeks apology for Hathras and Unnao

Lashing at the BJP, the West Bengal Chief Minister termed

India Mulls Direct Listing of Businesses on LSE

Chancellor Jeremy Hunt shared that India’s interest in direct listings