Stakeholder Workshop on SASEC Routes Initiative Study
A Stakeholder Workshop organized by the Asian Development Bank in Kolkata, India discussed the outcome of the SASEC Trade Facilitation Route Initiative Study along the Kolkata–Dhaka route. The Workshop delivered presentations and discussions on the infrastructure and trade facilitation scenario, and held parallel sessions for Bangladesh and India.
India and Myanmar Reiterate Commitments to Boost Trade and Connectivity
Mr. Win Myint, President of the Republic of the Union of Myanmar paid a State Visit to India, upon the invitation of Mr. Ram Nath Kovind, President of the Republic of India. The visit emphasized importance of connectivity. It also affirmed their commitments to expedite the completion of various India-funded projects ongoing in Myanmar, and underscored the need to further facilitate the easy movement of passenger and cargo traffic between the two countries.
ADB Facility to Boost Transport Connectivity in Bangladesh
The Asian Development Bank has approved $42 million facility for project readiness financing (PRF) to improve transport connectivity in Bangladesh. The PRF will promote multimodal transport and support project preparation for road and railway projects and to help the country meet its growing transport needs.
Mongla Port Capacity Enhancement to Ease Facilitation of Bhutan, India, and Nepal Transit Goods
Bangladesh's Executive Committee of the National Economic Council approved the proposal to enhance the capacity of Mongla port. The project is estimated to cost Tk 6,015 crore (around $710.79 million). Mongla port can be used to facilitate transit of goods to and from Bhutan, India, and Nepal. Increasing its capacity will hopefully encourage the three countries to use it further for transit of goods.
Inland Waterways to Help Channel Economic Activity along the Ganga River
Inland waterways is an important pillar of ‘Arth-Ganga,’ a project that aims to channelize economic activity along the banks of Ganga River to promote inclusive growth for India and generate enormous employment opportunities. National waterways is playing a key role in further boosting India–Nepal connectivity. National Waterways 1 will act as a major channel of connectivity for Nepal.
Events |
TBDTransport |
12 MarTransport and Trade Facilitation |
20 JanTransport |
17 DecTrade Facilitation |
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28 February 2020 |
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