India, Bangladesh Ratify Coastal Shipping Agreement

21 April 2015

A coastal shipping agreement between Bangladesh and India was ratified on 21 April 2015 in New Delhi. Bangladesh Shipping Secretary Shafiq Alam Mehedi and Indian Shipping Secretary Rajib Kumar ratified the deal to facilitate trade and transportation of goods through water routes between the two countries. Allowing merchant ships direct access through the two countries will reduce transport costs, create more employment opportunities, and expand trade and investment in Bangladesh and India. Mehedi led a 12-member Bangladesh delegation while Rajib Kumar headed a 25-member Indian team during the meeting. 

The agreement is likely to be signed during Indian Prime Minister Modi’s forthcoming visit to Bangladesh in June.

 

Related Link:

Indo-Bangla coastal shipping deal ratified

Mr. Hasan Mahmud, Information Minister of Bangladesh, and Mr. Subrahmanyam Jaishankar, External Affairs Minister of India, underscored in...

Read More


Mr. Mukhtor Khamudkhanov, Country Director for Asian Development Bank in Nepal, is hopeful that Sri Lanka could benefit...

Read More


The Asian Development Bank (ADB) has committed to a loan of $195 million...

Read More


The Governments of Bhutan and India held their second bilateral development cooperation talks on 29 November 2019 in...

Read More


A review of the Nepal-India Transit Treaty held in Kathmandu, Nepal discussed various issues on simplifying Nepal’s transit...

Read More


Mr. Tandi Dorji, Foreign Minister of the Government of Bhutan, visited India at the invitation of Mr. S...

Read More


The inaugural chartered flight service between Mandalay, Myanmar and Imphal, India by Air KBZ kicked off on 23...

Read More