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

Canadian charities struggle amid foreign students’ challenges

Next Story

Trump’s approach to NATO not sensible, says Cameron

Latest from -Top News

Pakistan Slams IWT Move as ‘Act of War’

Islamabad also said that India’s decision to suspend the Indus Waters Treaty (IWT) will be considered as an “act of war”…reports Asian Lite News The high-level emergency meeting of Pakistan’s National Security

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
Go toTop

Don't Miss

Congress remembers ‘Iron Lady’ on her death anniversary

Rahul Gandhi said in a tweet, “my grand mother served

Common folk still hopeful of a ‘miracle budget’

The middle class wants jobs, tax breaks, concessions on healthcare