COX'SBAZA, 21st JANUARY 02:
Shipping Minister Akbar Hussain and Commerce Minister Amir Khasru Mahmud Chowdhury will inaugurate the port to be located on the banks of the Naaf river that separates the two neighbours. It will act as a major hub for export and import activities between two countries.
The Teknaf river port will provide the shortest river line with Maungdaw on the other side of the Naaf. Initially traditional water vessels will ferry cargo. The port will act as a gateway for bulk export and import of commodities. The two countries may consider setting up river ferry services in future and even constructing a bridge. Plans are also afoot to construct improved road to access the Teknaf river port.
To augment bulk cargo handling facilities, the port to be supervised by the Bangladesh Inland Water Trade Authority will make provisions for large-scale warehouse and customs facilities.
Commerce Minister Amir Khasru told the Daily Star that the port would boost the country's trade with
Through these initiatives, local exporters would be able to enter the Myanmar Market in a bigger way with products ranging from cosmetics to toiletries, from newsprint to fertilizer, policy makers believe. The country's textile and pharmaceutical products also have a good demand in
On the other hand,
A single country
Source: Bangladesh Daily Star