Northeast Indian states can use Chittagong port: Bangladesh PM

02 May 2022 CW Team

External Affairs Minister S Jaishankar and Bangladesh PM Sheikh Hasina, during the interaction, said that India's North-Eastern states could access the Chittagong port to increase connectivity between the two countries.

Hasina said that if the connectivity is increased, the Indian North-Eastern states like Assam and Tripura can access the Chittagong seaport.

The Chittagong port, also called the Chhatogram port, is one of the important seaports of Bangladesh, located in the Chittagong hill tracts. Due to the sea port's proximity to North-Eastern Indian states. The port can significantly boost economic activity in the North-East Indian states, providing close access to global shipping lanes.

In 2010, India and Bangladesh signed a Memorandum of Understanding (MoU) to allow for using Chittagong and Mongla Ports in Bangladesh to transport goods to and from India.

In 2018, the Bangladesh Cabinet Ministry approved the proposed agreement with India to allow using both the ports for goods transportation.

Jaishankar called Bangladesh Prime Minister on Thursday during his two-day visit to Bangladesh.

In a Joint Press interaction with the Minister's Bangladeshi counterpart, Jaishankar also announced the resuming of cross-border bus and railway services between both the two countries.

Image Source

Also read: India-Bangladesh Friendship Pipeline likely to be launched in 2022

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..