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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

More on Cooperation/Trade

Sri Lanka's tea exports suffer major blow in March

Sri Lanka's tea exports suffered a major blow in March recording the lowest-ever shipment and sharp dip in value as COVID-19 mitigation measures caused disruption to trade, the media reported on Monday

UNDP extends support in COVID-19 response

UNDP Bhutan office signed an agreement with the Gross National Happiness Commission committing its COVID-19 response support to the government

€75 million EU aid to Nepal for COVID-19

The European Union has offered a €75million aid package to Nepal to tackle the COVID-19 pandemic and mitigate its impact. The fund will be directed to assist Nepal’s health authorities to respond to the immediate health crisis and to boost the country’s economic recovery

Some Bangladesh factories reopen on a limited scale

A section of Bangladeshi owners Sunday reopened their garment factories with a part of their workforce amid continued protests in different districts demanding arrears

Sri Lanka government hits back at downgrading of sovereign ratings by Fitch

The Sri Lankan government “categorically” expressed disagreement with the Fitch Ratings’ “Ill-Founded and Ill-Timed” decision to downgrade Sri Lanka’s sovereign rating

US Indian group sets up COVID-19 plasma therapy programme

A US India group, that calls itself a "Hindu faith-based humanitarian service organisation"  but says it works "irrespective of religion, caste, creed, anything that may divides us",  has set up a unique programme for COVID-19 survivors to donate their blood plasma for a therapy to save severely ill patients with respiratory failure

Covid-19’s silver lining for Bhutan tourism

The Covid-19 pandemic walloped the tourism sector, but Tourism Council of Bhutan (TCB) is considering it as an opportunity to reboot the industry and give it a new face post-Covid-19

Over 1L PPE kits, N95 masks manufactured daily in India

India's Health Ministry said on Saturday that more than 1 lakh (100,000) PPE kits and N95 masks are being manufactured every day in the country, while production of ventilators vide domestic manufacturers has also started and orders have been placed for more than 59,000 units through nine manufacturers

ADB to lend Pakistan $1.7bn for pandemic shock

The Asian Development Bank (ADB) has agreed to provide about $1.7 billion by the end of calendar year — almost half of it by June — to help Pakistan absorb the fiscal shocks from the coronavirus pandemic

IMF Executive Board approves a US$28.9 million disbursement to Maldives

The IMF Executive Board approves the 30th request for emergency financial assistance to help its member countries address the challenges posed by COVID-19

Pakistan hasn’t received a single dollar in aid over coronavirus yet, reveals PM

Prime Minister Imran Khan on Friday said that Pakistan has not received any financial assistance from any country or global organisation despite the coronavirus outbreak in the country which has infected more than 11,500 people and claimed over 240 lives

India gifts USD 5 million medical aid to world to combat COVID-19

India has gifted USD 5 million worth of medicines and other COVID-19 related supplies to the world so far as countries continue to combat the global pandemic

US will provide ventilators to Pakistan: Trump

US President Donald Trump has said that Pakistan has asked him to send ventilators for the victims of the coronavirus and he has agreed to do so

COVID-19 fallout: Bangladesh finance minister seeks sustained support from AIIB

Bangladesh Finance Minister AHM Mustafa Kamal today requested Asian Infrastructure Investment Bank (AIIB) to provide continuous support to minimise the effects of the financial crisis caused by the coronavirus outbreak and the resultant nationwide shutdown

IMF approves US$28.9 million assistance to Maldives

The International Monetary Fund (IMF) has approved the disbursement of US$28.9 million to the Indian Ocean tourist paradise in the wake of the COVID-19 pandemic