City
Epaper

India is Bangladesh's largest export destination in Asia: Indian High Commissioner

By IANS | Updated: February 13, 2024 12:55 IST

Dhaka, Feb 13 Indian High Commissioner to Bangladesh Pranay Verma said New Delhi was today Dhaka's largest export ...

Open in App

Dhaka, Feb 13 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Cricket"Plenty to take away": Aiden Markram after South Africa suffers a 30-run defeat against India

InternationalIndia shows how tradition, modern science can advance together: WHO chief Tedros at global summit on traditional medicine

Other Sports5th T20I: Happy that Yuvraj still holds fastest T20I fifty record, says Pandya after 16-ball fifty

NationalOdisha vigilance arrests Additional Tehsildar in Jajpur

InternationalUS says it is grateful as Pakistan weighs Gaza troop role

Business Realted Stories

BusinessRBI Governor considered benign inflation outlook for rate cut: MPC Minutes

BusinessHero Motors sign MoU with KPIT Technologies to set up Centre of Excellence for Light Electric Vehicles

BusinessRBI's central board deliberates on domestic and global economic situations

BusinessTripura govt pitches state as emerging tourism hub: CM Saha

Business5 research initiatives driving India-AI Impact Summit 2026