With the commencement of
India-Myanmar direct shipping service the transit time for Indian exports to Myanmar and
Indian imports from the eastern neighbour would reduce considerably. SCI would
get some subsidy for the first six months. At present, there are no liner
services between India and Myanmar . So,
ships ply between the two countries only when there is full cargo. India and Myanmar have agreed to enhance
their trade to $3 billion by 2015.
To push India-Bangladesh
coastal shipping arrangement, Bangladesh
shipping department last week wrote to his Indian counterpart that the agency
has received a list of 18 vessels from the ship owners association for
operation. Since India had suggested
in June this year that Indian Registrar of Shipping can assist in certification
of Bangladesh vessels, Dhaka has now informed that these ships will be available
for inspection from first week of September.
In June, the two sides had
signed an agreement to finalise the standard operating procedure (SOP) for
coastal voyages between the two countries.
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