India-Bangladesh inked SOP to operationalize Coastal Shipping Accord

India and Bangladesh signed the Standard Operating Procedure (SOP) in New Delhi to operationalize the “Agreement on Coastal Shipping” signed between the two countries in June, 2015.

• The SOP was signed in the presence of Minister of Shipping and Road TransportNitin Gadkari and Minister of Shipping of Bangladesh Shafiq Alam Mehdi.
• The coastal shipping agreement will enable a huge saving in logistic costs of export-import transport between the two countries.