India and Bangladesh Relations: Second Addendum to the Protocol on Inland Water Transit and Trade signed

  • IASbaba
  • May 25, 2020
  • 0
UPSC Articles

India and Bangladesh Relations: Second Addendum to the Protocol on Inland Water Transit and Trade signed

  • Recently, the Second Addendum to the Protocol on Inland Water Transit and Trade was signed between India and Bangladesh.
  • To boost trade, economic activity and connectivity, India and Bangladesh have added five more “ports of call”. 
  • The protocol (water) routes have also been increased from 8 to 10.
  • Inclusion of Sonamura- Daudkhandi stretch of ‘Gumti river’ (93 Km): It will improve the connectivity of Tripura and adjoining States with Indian and Bangladesh’s economic centres.

Important value additions:

Protocol on Transit and Trade

  • Protocol on Transit and Trade through inland waterways between Bangladesh and India was first signed in 1972 (immediately after independence of Bangladesh)
  • It was last renewed in 2015 for five years with a provision for its automatic renewal for a further period of five years giving long term assurance to various stakeholders.

Search now.....

Sign Up To Receive Regular Updates