India, Bangladesh For Four More Ports Of Call To Bolster Trade

0
232

India and Bangladesh are now in talks to add four more ports of call in order to bolster bilateral trade through coastal routes. The proposed ports are Matarbari Port (Cox’s Bazar) and Muktarpur Port (Munshiganj) in Bangladesh, and Dhamra Port (Odisha) and Kamarajar Port (Chennai) in India.

Also Read  India Will Fast Track Trade Deals With Six Nations: Commerce Secretary

Presently, each country has seven ports of call which are used to carry goods to and from India and Bangladesh under a bilateral coastal shipping deal. The Bangladeshi inland ports are Chattogram, Mongla, Khulna, Paira, Narayanganj, Pangaon and Ashuganj while the Indian ports are Chennai, Krishnaptnam, Kakinada, Visakhapatnam, Paradip, Haldia and Kolkata.

Also Read  India Will Fast Track Trade Deals With Six Nations: Commerce Secretary

Officials said Bangladesh and India are now working on an amendment to the standard operating procedure (SOP) of the shipping agreement. The four new ports of call will be added once the amendment to the SOP is made.

Also Read  India Will Fast Track Trade Deals With Six Nations: Commerce Secretary

LEAVE A REPLY

Please enter your comment!
Please enter your name here