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BANGLADESH, INDIA LAUNCH TRANSSHIPMENT OPERATIONS

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India and Bangladesh launched transshipment operations at the Ashuganj Port to boost trade and facilitate seamless movement of goods in the landlocked region, with a cargo vessel unloading the maiden consignment to be transported to Tripura through Bangladeshi territory.

Bangladesh’s Shipping Minister, Shahjahan Khan, launched the operation at Ashuganj Port, where 1,000 tonnes of iron and steel sheets were unloaded to be transshipped to Tripura through Bangladesh territory in trucks.

Under a revised protocol on Inland Water Transit and Trade as part of a bilateral agreement signed during Prime Minister Narendra Modi’s visit to Dhaka in June last year, India and Bangladesh agreed to let each other use their territories for transiting goods to a third country.

The deal would enable Bangladesh to use Indian territory to transport goods to Nepal and Bhutan while on the other hand India would access Myanmar by crossing through Bangladesh.

Under the arrangement, vessels carrying Indian cargos would unload at Ashuganj Port, from where Bangladeshi trucks will carry the goods to Tripura to be delivered at the Akhaura checkpoint, the second largest trading point between India and Bangladesh after the Benapole-Petrapole post with West Bengal.

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