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New India-Bangldesh waterway operational; enhances transit and connectivity

The first consignment of goods from Bangladesh arrived in Tripura by waterway on Saturday as part of a trial run for shipping of goods from other parts of India to the northeast region via Bangladesh formally making operational of new waterways between the two neighbours

Indo-Bangla river trade opens up huge opportunities

If you happen to be on the Padma or Meghna rivers for a cruise or are travelling to the country's southern part, you will in no way miss a sporadic presence of numerous slow-moving small and large vessels alongside their sudden blasts of horns

Sri Lanka Air Force, Indian Navy and Coast Guard join Sri Lanka Navy to control fire on oil tanker off Sri Lanka

The Sri Lanka Navy, Sri Lanka Air Force, Sri Lanka Ports Authority, the Indian Navy and the Indian Coast Guard are currently working together to control the fire that erupted in an oil tanker off Sri Lanka’s Eastern Coast on Thursday, the Navy said

Indian Coast Guard to assist Lankan Navy to douse oil tanker fire

The Indian Coast Guard on Thursday said it has diverted three of its ships and a Dornier aircraft to assist the Sri Lankan Navy to douse a fire on board an oil tanker 'MT NewDiamond'

More on Cooperation/Trade

ADB grants additional USD 1 mln for Maldives' COVID-19 response

The Asian Development Bank (ADB) on Monday approved an additional grant of USD 1 million to support the Maldivian government's emergency response to the ongoing COVID-19 pandemic

Opening of Chaman border with Afghanistan urged for trade activities: Quetta chamber

Quetta Chamber of Commerce and Industries (QCCI) president Ghulam Farooq Khan Khilji and senior vice president Badaruddin Kakar have expressed serious concern over the closure of the Chaman border between Pakistan and Afghanistan and said it is badly affecting the Balochistan’s economy as the trade between the two countries has come to a complete halt

Two Afghan trucks enter India for first time after Pakistan allows transit

Six days after Pakistan announced the resumption of Afghan exports to India through the Attari-Wagah border to facilitate transit trade, the first consignment of goods crossed over to India in two trucks on Saturday

Strengthening medical education in Bhutan with JICA support

Beginning this month, Khesar Gyalpo University of Medical Sciences of Bhutan with support from Japan International Cooperation Agency (JICA) will implement a technical cooperation project

Sri Lanka’s China-run Port, Colombo Dockyard team up for floating vessel repair

Sri Lanka’s Hambantota port run by China Merchant Ports (CM Ports) group said it had teamed up with Colombo Dockyard floating repairs in vessels that are already docking. A Marshall Islands-flagged crude carrier ‘Marine Hope’ was repaired at Hambantota under the partnership

Sri Lanka negotiating with India to secure 20 Trinco oil tanks

A delegation from the Power and Energy Ministry conducted an inspection tour to the Trincomalee oil tanks this week, amidst ongoing negotiations with India to secure around 20 of the tanks for Ceylon Petroleum Corporation to run by itself

India may remain invested in Iran gas field without development right

India's quest for building its energy security may see it continue to pursue investment opportunity in Farzad-B gas field in Iran even though ONGC Videsh Ltd (OVL) may not get to develop the block that it discovered over a decade ago

Netherlands to assist Bangladesh in circular economy

As one of Bangladesh's major development partners, the Netherlands will assist the South Asian country in adapting to the circular economy in the changed development scene

Nepal, World Bank sign Rs. 54 billion project to boost post-COVID-19 recovery

The Nepalese government and the World Bank signed a $450 million (around Rs. 54 billion) financing agreement that will help Nepal improve efficiency and safety of transport infrastructures, cross-border trade, and strengthen capacity for strategic road network management

‘Pak-Afghan trade issue to be resolved on priority’

Adviser to Prime Minister on Commerce and Trade Abdul Razak Dawood on Friday assured the business community that their issues and concerns over Pak-Afghan transit and bilateral trade will be resolved amicably on a priority basis

Trump nominates Indian American to head USAID Asia operations

US President Donald Trump has nominated an Indian American lawyer who has been active in the Republican Party and with the Hindu American Coalition to head the Asian operations of the US Agency for International Development (USAID)

People losing trust in China; India emerging as big competitor: Trump adviser

India is emerging as a big competitor to China and New Delhi's corporate tax rate cuts makes it attractive for investors, according to US President Donald Trump's top economic adviser

Global oil giants show interest in India's BPCL as bidding deadline nears

As the deadline for submitting the Expressions of Interest (EoI) for 52.98 percent stake in the Bharat Petroleum Corporation Ltd (BPCL) nears, big names in the global oil market are showing interest in picking up the majority stake in the state-run oil company. According to official sources, Saudi Aramco, Abu Dhabi National Oil Co (Adnoc), Rosneft of Russia and Exxon Mobil intend to participate in the bidding process for the PSU

Bangladesh-India inland waterways can become vital, cost-effective connectivity: Experts

Inland waterways development between Bangladesh and India can become a vital and cost-effective way of multimodal connectivity that can improve economic wellbeing of people from both countries, policymakers and experts have said

China leads Sri Lanka foreign loans as 2020 projects disrupted by COVID-19

Sri Lanka’s foreign project loans disbursements fell to 369 million US dollars up to April 2020 from 539 million dollar from a year earlier, amid a Coronavirus pandemic while China led with a 500 million US dollar budget support loan