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

AurangabadBJP should get more seats ; On what basis is the ‘fifty-fifty’ formula applied?

International"FTAs with like-minded partners are critical, hope we reach conclusion soon": Netherlands Minister on proposed India-EU trade pact

AurangabadResidents raise objections over 4-inch water connection granted to builder

Cricket"Youngsters continue to learn from them": Shikhar Dhawan speaks on Ro-Ko's effect in Indian team

Other SportsU19 Asia Cup: India edge Sri Lanka by eight wickets, set up title clash against Pakistan

International Realted Stories

InternationalJaishankar seeks Dutch support as India-EU FTA enters "decisive phase"

InternationalPakistani forces forcibly disappear one more woman in Balochistan

International"Protests against Indian missions are being orchestrated ahead of elections": Former Foreign Secretary Harsh Vardhan Shringla on Bangladesh unrest

InternationalInqilab Moncho urges supporters not to heed to any "instructions or provocations" as body of Osman Hadi arrives in Bangladesh

InternationalUnrest after Hadi's death: Border Guard Bangladesh deployed across Dhaka to maintain law and order