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Transit Agreement Between Bangladesh And India

New loading movement possibilities: under this protocol, inland navigation vessels from both countries can park on the protocol route and dock in any country at declared ports of call for cargo loading and unloading. The movement of cargo ships on the Protocol Route, which transports both transit to the northeastern region of India and vice versa and export-cargo to Bangladesh, has improved considerably in an organized manner. The Indian transit load consists mainly of coal, fly ash, POL and ODC for energy projects in the region do. The other potential cargo for the movement is fertilizer, cement, food grains, agricultural products, container freight, etc. India`s export load to Bangladesh is mainly fly ash, which is at an altitude of 30 Lakhs MT per year. Some 638 inland shipping vessels (including 600 Bangladeshi-flagged vessels) carried out approximately 4,000 routes each year. In November 2010, India and Bangladesh signed a transit agreement for the first time. BBIN-MVA could encourage more transit by Indian vehicles from central India to the northeastern states. At the same time, it opens up Bangladesh`s freight movements to the three participating nations. Implementation of the agreement has stalled due to opposition to the Bhutan agreement.

However, Bhutan authorized the other three nations to finalize protocols under the agreement. The other three nations agreed to finalize protocols for passenger and cargo protocols earlier this year. [8] Currently, Bangladesh provides transit facilities to India on three modes of transport: inland water, rail transport and coasting. Once completed, the Bangladesh-Bhutan-Nepal-India (BBIN) automotive agreement, which has already been concluded, will add a fourth mode to existing facilities. While the addition of new modes of transport increases the potential benefits, Bangladesh needs to think about how it can reap the benefits of both its existing regulations and new developments. Four railway lines are currently in service between Bangladesh and India: Petrapole-Benapole, Gede-Darshana, Singhabad-Rohanpur and Radhikapur-Birol. Three railway tracks are under construction: Akhaura-Agartala, Karimganj-Shahbazpur and Haldibari-Chilahati. The addition of these routes will allow for greater transit between India and its northeastern states.

At the same time, Nepal and Bhutan can use the roads to reach the port of Mongla in Bangladesh. India is developing the infrastructure needed to transport freight through Bangladesh, avoiding long detours and saving time and money. Officials from both countries will meet next month to decide which routes will be used in the first place and how much India must pay Bangladesh in terms of transit fees. The aforementioned changes to the protocol should further facilitate exchanges between two countries, with increased reliability and profitability. Movement on flat mechanized ship projects: the two sides agreed to establish trade between Chilmari (Bangladesh) and Dhubri (India) through the use of mechanized flat ships, provided they were registered in accordance with Bangladesh`s Inland Navigation Regulations or Bangladesh`s Waterways Act in 1917 , india, in accordance with Article 1.3 of the protocol and meet security requirements. This initiative will allow the export of stone chips and other cargoes from Bhutan and North East to Bangladesh, as well as easy access for traders in the Bangladesh hinterland and strengthen the local economy in Bangladesh and the Lower Assam region of India. Officials from the Ministry of Navigation said a secretary-level meeting between the two countries next month would decide when the routes would begin and what the fee would be for the use of the port. India and Bangladesh are inherited from common values, common borders, interconnected trade routes and hundreds of years. India was one of the first countries to recognize Bangladesh as an independent nation and both nations maintained good

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