July 21, 2024 00:40 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Mumbai building collapses amid heavy rain; 1 dead | NTA publishes NEET-UG 2024 result on website as per Supreme Court order | Bangladesh protests: 63 students from Meghalaya return home, says CM Conrad Sangma | Ammonia gas leaks at Tamil Nadu fish plant, 29 workers faint | ED arrests Haryana Congress MLA Surender Panwar in illegal mining case
Bangladesh allows India's permanent access to Chattogram, Mongla ports
India-Bangladesh
Wikipedia Commons

Bangladesh allows India's permanent access to Chattogram, Mongla ports

| @indiablooms | 01 May 2023, 10:37 am

In a significant decision, the Bangladesh government has granted India permission to use Chattogram and Mongla ports to transit and trans-shipment cargo vessels, media reports said.

The National Board of Revenue (NBR) in Bangladesh issued a permanent standing order stating as quoted by Minit, “The permanent transit order was issued by the NBR following the completion of trial runs for the operationalization and regular movement of goods."

Bangladeshi ports, the NBR, customs and other taxation parties involved will draw certain charges in line with the country’s tax and VAT laws. This will include fees for documentation, transhipment, security, scanning, administrative charges, an electric lock and seal fee and toll fees for using Bangladeshi roads, the order said.

With this decision, it is expected that  both time and costs for transporting goods to India's northeastern states and West Bengal will be reduced.

Situated in the southeastern region of Bangladesh, the  Chattogram Port manages  more than 90% of the country's export-import trade.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.