India-Bangladesh trade ties grow stronger, first-ever commercial shipment begins river journey to Assam
India has taken several steps to improve connectivity with Bangladesh to boost trade
In a significant step towards boosting India-Bangladesh maritime connectivity and trade ties, the first-ever commercial shipment from Bangladesh has embarked on its journey Assam, India via the river route. The shipment will reach Karimganj on November 7.
“Inland waterway connectivity-New Paradigm for India Bangladesh trade & prosperity! 1st ever commercial shipment by Premier Cement of Bangladesh to Assam India by river route. MV Premier 6 reaching Karimganj on 7 Nov. All year navigability & lower costs by dredging Kushiyara from Ashuganj-Zakiganj,” the official handle of the High Commission of India in Bangladesh tweeted.
Inland waterway connectivity-New Paradigm for ???????????????????? trade & prosperity!— India in Bangladesh (@ihcdhaka) November 2, 2020
1st ever commercial shipment by Premier Cement of ???????? to Assam ???????? by river route. MV Premier 6 reaching Karimganj on 7 Nov
All year navigability & ⬇️ costs by dredging Kushiyara from Ashuganj-Zakiganj pic.twitter.com/UvPJ5rn70i
India has taken several steps to improve connectivity with Bangladesh and this comes as another significant step that will boost connectivity and trade between both sides.
Appreciating the India-Bangladesh trade ties, Indian ambassador to Bangladesh Vikram Doraiswami tweeted “Trade on the water... moving ahead.”
Trade on the water... moving ahead https://t.co/JHTmTDFGyZ— Vikram Doraiswami (@VDoraiswami) November 2, 2020
Earlier, in July, the first trial movement of a container ship carrying steel and pulses from Kolkata to Agartala through Chattogram Port of Bangladesh was flagged off opening huge opportunities for trade.
It was for the first time that Bangladesh had allowed its ports to be used as a transit for cargo movement to India's north-eastern states. Access to Chittagong and Mongla seaports in Bangladesh is critical to opening shorter and alternative routes to connect the Northeast region with the rest of India. It drastically cuts short the distance between Kolkata and Agartala via Assam from about 1600km to just about 450 km.
In 2015, India and Bangladesh had signed a coastal shipping agreement. Further, efforts have been made to expand maritime connectivity between both sides. India is helping Bangladesh in increasing the navigability of the rivers by assisting in the dredging of its waterways in selected stretches.
In May 2020, a new port of call and routes has been added to an already available protocol on Inland Water Trade and Transit. Currently, the Inland water protocol has a total of 10 routes and 11 ports of calls on each side.
The India-Bangladesh connectivity is not only aimed at improving the movement of goods and people bilaterally but also has a vision for deepening sub-regional cooperation, primarily Bangladesh, Bhutan, India, and Nepal (BBIN) quadrilateral cooperation.