India News | First Export Consignment Vessel Reaches Tripura from Bangladesh Through Inland Waterways
Get latest articles and stories on India at LatestLY. The first export consignment vessel from Bangladesh reached the Sonamura river port in Tripura through inland waterways on Saturday.
Sonamura (Tripura) [India], September 6 (ANI): The first export consignment vessel from Bangladesh reached the Sonamura river port in Tripura through inland waterways on Saturday.
Speaking at the occasion, Chief Minister Biplab Kumar Deb told reporters, "Waterways transport will reduce the cost of business by 20-25 per cent. This will attract investment and business in the state."
"The inland waterway will also help other northeastern states in transporting goods," Deb said.The vessel that carried cement from Daukandi in Bangladesh left for the Sonamura port of Tripura on September 3 travelling along the Meghna-Gomti river route
The Daukandi (Bangladesh) - Sonamura (Tripura) Inland Waterway Protocol route was operationalised on September 3 marking a milestone in India-Bangladesh relations.
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The Protocol for Inland Water Trade & Transit (PIWTT) was signed between India and Bangladesh in 1972 to provide inland waterways connectivity between the two countries, particularly with the North Eastern Region of India and also to enhance bilateral trade.
In the last year, approximately 3.5 MMT of cargo was transported between India and Bangladesh on the protocol routes. The scope of PIWTT has been further expanded by the signing of the second addendum to PIWTT on May 20, 2020, with the inclusion of additional routes and ports of calls.
The inclusion of Sonamura - Daudkhandi stretch of the Gumti river (93 km) as a new route in the Protocol will improve the connectivity of Tripura and the adjoining States with Indian and Bangladesh's economic centers and will help the hinterland of both the countries. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)