Page-2 of Regional Connectivity Current Affairs, GK & News

SASEC countries pledges to improve intra-regional connectivity to boost trade & tourism

India and six other South Asian countries of South Asia Subregional Economic Cooperation (SASEC) have pledged to improve intra-regional connectivity to boost trade and tourism. Decision in this regard was taken at the Finance ministers of India, Bangladesh, Bhutan, Nepal, Sri Lanka, Maldives and Myanmar meeting held in New Delhi to reshape SASEC.  They also ..

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IWAI and IPGPL ink MoU on Kaladan Multimodal Transit Transport Project

The Inland Waterways Authority of India (IWAI) and India Ports Global Private Limited (IPGPL) have signed a MoU for implementation of additional works on the Kaladan Multimodal Transit Transport Project (KMTTP) in Myanmar. As part of the MoU, both signatory parties will be implementing three additional works on the KMTTP at the estimated to cost ..

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Kolkata-Ashuganj-Tripura transit facility between India, Bangladesh becomes operational

Kolkata-Ashuganj-Tripura transit facility under the revised Inland Water Transit and Trade Protocol between India and Bangladesh became operational. The transit facility was signed during Prime Minister Narendra Modi’s visit to Dhaka in June 2015. It was officially inaugurated on 16 June 2016. As part of it, the first ship from Kolkata carrying 1000 tonnes of ..

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ADB pledges $120 million loan to finance India, Bangladesh electricity link under SASEC Programme

The Asian Development Bank (ADB) has pledged to provide 120 million dollar loan in order to finance cross-border electricity link between Bangladesh and India under SASEC Programme. In this regard, loan agreement was signed by ADB Country Director Kazuhiko Higuchi and Mohammad Mejbahuddin, Senior Secretary of Bangladesh Finance Ministry. The loan fund would be used ..

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