Home » UPSC Current Affairs » Current Affairs 26-10-2018

Current Affairs 26-10-2018

India and Bangladesh have signed several milestone agreements for enhancing inland and coastal waterways connectivity between the two countries for trade and cruise movements. These agreements will facilitate easier movement of goods and passengers between the two countries, giving an impetus to trade and tourism.

Key facts:

  • The two countries have signed an agreement to use Chattogram and Mongla Portsin Bangladesh for movement of goods to and from India. A Standard Operating Procedure (SOP) has also been signed for movement of passenger and cruise services.
  • An addendum to ‘Protocol on Inland Water Transit and Trade’ (PIWTT) between India and Bangladesh has been signed for inclusion of Dhubriin India and Pangaonin Bangladesh as new Ports of Call.
  • The two sides have also agreed to consider inclusion of Rupnarayanriver (National Waterway-86) from Geonkhali to Kolaghat in the protocol route and to declare Kolaghatin West Bengal as new Port of Call.
  • Both sides agreed to declare Badarpur on river Barak (NW 16) as an Extended Port of Call of Karimganj in Assam and Ghorasal of Ashuganj in Bangladesh on a reciprocal basis.
  • Both sides have also agreed for development of Jogighopa as a hub/trans-shipment terminal for movement of cargoto Assam, Arunachal Pradesh, Nagaland and Bhutan and notifying Munsiganj River terminal by Bangladesh Customs for routing third party Exim cargo through Kolkata Port.

Benefits and significance:

The new arrangement will facilitate the movement of fly ash, cement, construction materials from India to Bangladesh through IWT on Rupnarayan river.

  • The North Eastern states would get connected to directly to the ports of Kolkata and Haldia in India and Mongla in Bangladesh through waterways which would facilitate movement EXIM cargo and would also reduce the logistic costs.
  • The reconstruction and opening up of Jangipur navigational lock on river Bhagirathi subject to the provisions of the Treaty between India and Bangladesh on Sharing of Ganga Waters at Farakka,1996. This move has the potential to reduce the distance to Assam by more than 450 kms on the protocol routes.
+91

captcha
Admission Enquiry
Top