[ALOCHONA] ashuganj transit

Ashuganj transit deal signed

Over-dimensional cargoes to be carried to Tripura power plant; effective till June 2012

Rezaul Karim and Rejaul Karim Byron

Bangladesh yesterday signed the first ever multi-modal transit with India only for carrying equipment to a power plant in Tripura.

A Memorandum of Understanding (MoU) was signed by Bangladeshi and Indian officials at the shipping ministry yesterday. With this signing, Bangladesh implemented one of the clause of the 50-point Joint Communiqué issued on January 12 during Prime Minister Sheikh Hasina's visit to India.

India will not pay any fees or service charges for this transit even though it would be using Bangladesh's rivers and roads. However, it has agreed to provide Bangladesh Tk 25.50 crore for the development of Ashuganj river port terminal and 49 kilometres of roads.

http://www.thedailystar.net/newDesign/news-details.php?nid=164305

what does it mean...for Bangladesh, in the long term??

best wishes.

Khoda hafez.

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