Bangladesh to use Kolkata and Hal­dia as tran­ship­ment ports

Maritime Gateway - - International News -

In­dia has urged Bangladesh to use Kolkata and Hal­dia ports for tran­ship­ment pur­poses. The ini­tia­tive can make coastal ship­ping more cost ef­fec­tive for bi­lat­eral trade, thereby shift­ing cargo from the costly land route, and cre­ate an op­por­tu­nity for Bangladeshi gar­ment ex­porters to reach Euro­pean and Amer­i­can mar­kets avoid­ing con­ges­tion at the Chit­tagong port. In­dian cus­toms au­thor­i­ties have al­ready cleared the deck for Bangladesh to use Hal­dia as a tran­ship­ment port. How­ever, Bangladesh is yet to ap­prove the same. The pro­posal was re­it­er­ated at a min­is­te­rial meet­ing in Dhaka. At the crux of the pro­posal is the grow­ing need to aug­ment han­dling ca­pac­i­ties on ei­ther side, keep­ing in tune with grow­ing trade vol­umes.

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