#stayhome Maintain the distance, wash your hands, and follow instructions from the health authorities.
RSS   Newsletter   Contact   Advertise with us

Sri Lanka and Bangladesh to strengthen shipping ties

Share on Twitter Share on LinkedIn
Staff writer ▼ | May 2, 2014
Sri Lanka and Bangladesh have agreed to enhance shipping connectivity between the two countries to expand the bilateral trade and commerce.
Sri Lanka port
Sri Lanka portSri Lanka and Bangladesh have agreed to enhance shipping connectivity between the two countries to expand the bilateral trade and commerce.


Following a seminar that was organized in connection with the first Bangladesh-Sri Lanka joint working group meeting in Dhaka, Bangladesh Shipping Minister Shahjahan Khan told media that the shipping connectivity between Dhaka and Colombo would strengthen the bilateral relations.

"With the shipping connectivity, bilateral relations between the two South Asian nations would also be strengthened," the Minister said while inaugurating the seminar on 'Increasing maritime connectivity between Bangladesh and Sri Lanka: Reality and possibilities'.

Mr. Khan said the measure would help increase efficiency of the port authorities and create more employment which would pay significant contribution to the economic progress of the two countries.

During the forum the two countries agreed to sign a coastal shipping agreement aiming to boost bilateral trade and investment between the two countries, officials said.

Following the meeting Chairman of Sri Lanka Port Authority has said that coastal shipping agreement between Bangladesh and Sri Lanka will ensure benefits for both countries.

"We will provide preferential facilities on berthing and competitive tariff for port services for Bangladeshi shipping sector," Chairman of Sri Lanka Port Authority Priyath B Wickrama told the Financial Express.

Sri Lanka will offer Bangladesh priority berthing, higher productivity, handling of empty containers, and special rebate for port handling charges for Bangladeshi vessels, the official has said.


 

MORE INSIDE POST