India Approves Indo-Bangladesh Marine Pacts
The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has approved MoU on passenger cruise services on the coastal and protocol routes between India and Bangladesh for starting regular movement of passengers and tourists in water crafts between the two countries.
The operationalization of this MoU will promote people to people contact and cooperation between the two countries in respect of economic, social and cultural advancement. It will also generate employment opportunities for the people of India and Bangladesh.
The Cabinet also approved MoU between India and Bangladesh for fairway development of Ashuganj-Zakiganj stretch of Kushiyara river and Sirajganj-Daikhawa stretch of Jamuna river in the Indo-Bangladesh protocol route .
"The Union Cabinet chaired by the Prime Minister Narendra Modi has approved MoU between India and Bangladesh for fairway development of Ashuganj-Zakiganj stretch of Kushiyara river and Sirajganj-Daikhawa stretch of Jamuna river in the Indo-Bangladesh protocol route by undertaking necessary dredging jointly by the two countries," said a government release.
The MoU will considerably reduce the logistics cost of cargo movement to North Eastern India. It will also reduce the congestion through the Siliguri Chicken’s Neck corridor.