Thursday, October 11, 2018

Final shipping agreement between Sri Lanka and bangladesh

COLOMBO: Sri Lanka and Bangladesh have settled the much anticipated Coastal Shipping Agreement, and it will be marked quickly, Development Strategies and International Trade Minister Malik Samarawickrama said at an ongoing gathering in Colombo. 

Final shipping agree.

The understanding will permit outsider access for Sri Lankan vessels to East Indian Ports, he said. 

"Seaside Shipping assention between Sri Lanka and Bangladesh will be marked not long after in the wake of accepting Cabinet endorsement, which will likewise allow third Country port utilization—which means ports in East Coast of India can be utilized," he said. 

The reciprocal arrangement is required to chop down both the transhipment cost and time among Chittagong and Colombo, boosting intensity.