LPG export to Tripura from Bangladesh a game changer: India
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Sunday
January 29, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
SUNDAY, JANUARY 29, 2023
LPG export to Tripura from Bangladesh a game changer: India

Bangladesh

UNB
09 October, 2019, 11:40 pm
Last modified: 09 October, 2019, 11:46 pm

Related News

  • India's rapid take-up of electric vehicles prompts rethink about long-term fuel needs
  • India's low coal stocks threaten electricity supply: Kemp
  • Two IAF aircraft crash near India's Madhya Pradesh's Morena
  • TBS roundtable: Prominent businessmen want long-term crisis management framework for energy security
  • ‘Intransigence’: India notifies Pakistan of plans to amend Indus Waters Treaty

LPG export to Tripura from Bangladesh a game changer: India

On Tuesday, Foreign Minister said Bangladesh is not going to export natural gas but will process imported LPG which will be exported to India

UNB
09 October, 2019, 11:40 pm
Last modified: 09 October, 2019, 11:46 pm
File Photo: Reuters
File Photo: Reuters

India has termed the export of Liquefied Petroleum Gas (LPG) from Bangladesh to Tripura a 'game changer' with a potential to generate jobs and revenue for Bangladesh. 

"The export of LPG from Bangladesh (after importing from abroad) to Tripura is a game changer. It has the potential to generate jobs and revenue for Bangladesh," said the Indian High Commission in Dhaka on Wednesday.

On October 5, Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi inaugurated three bilateral development partnership projects, including the import of bulk LPG from Bangladesh.

The government has already cleared misperception about the LPG export to India.

On Tuesday, Foreign Minister said Bangladesh is not going to export natural gas but will process imported LPG which will be exported to India.

On standard operating system (SOP) on Chattogram and Mongla ports, the Indian High Commission said it will generate jobs, for example, it said, more labour will be required at ports; insurance companies will get business.

The Indian side said a completely new area of business will be available for Bangladeshi ship owners since only Bangladeshi shipping lines are allowed. "This is a win-win for India and Bangladesh."

On the inclusion of two additional routes under Protocol on Inland Water Transit and Trade (PIWTT), the High Commission said the Dhulian-Gadagari-Rajshahi-Dauatdia-Aricha route will open up trade from Rajshahi. 

Similarly, Daudkandi-Sonamura route will open up trade on eastern side. Both the routes have been agreed to and will generate more business and jobs for both India and Bangladesh, it said.

The High Commission said both the countries have agreed to move towards a bilateral India-Bangladesh Motor Vehicles Agreement if BBIN does not move forward at the expected pace.

It said work on draft framework of interim sharing agreements for six rivers, namely Manu, Muhuri, Khowai, Gumti, Dharla and Dudhkumar will be expedited.

There is also a draft framework of interim sharing agreement of the Feni River, which will be firmed up, said the High Commission.

The High Commission said the visit of Prime Minister Sheikh Hasina underlined the fact that India accords top priority to its ties with Bangladesh. 

India recognised that Bangladesh is today its largest trading partner in South Asia and the total trade crossed US$ 10 billion with 52 percent increase in Bangladeshi exports which has crossed $1 billion.
 
Sharing the outcomes, the High Commission said anti-dumping on jute was discussed and both the countries directed officials to establish a framework of cooperation in the area of Trade Remedial Measures as early as possible. "This will have an important focus on capacity building as well."

Indian Prime Minister Modi has reaffirmed India's full support to Prime Minister Sheikh Hasina for realisation of her vision of ensuring a prosperous, peaceful and developed Bangladesh.

Economy / Top News

LPG / Tripura / India / Bangladesh

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: Mumit M/TBS
    Biz leaders want crisis management, energy security for survival
  • A proper price formula can help investors to plan big
    A proper price formula can help investors to plan big
  • SK Bashir Uddin: TBS sketch
    Investments risky without consistent policy, reliable data

MOST VIEWED

  • Picture: Collected
    US Embassy condemns recent incidents of visa fraud
  • Bapex calls candidates for job test 9 years after advert!
    Bapex calls candidates for job test 9 years after advert!
  • Photo: Saqlain Rizve
    Bangladeshi university students identified as problematic users of Facebook, internet: Study
  • Four top bankers arrested in DSA case filed by S Alam group 
    Four top bankers arrested in DSA case filed by S Alam group 
  • Matarbari coal-power plant, one of the projects funded by Japan International Cooperation Agency (Jica)-funded projects.
    More than 50% Japan-funded projects lagging behind
  • 690 audit objections worth Tk1.06 lakh crore placed in JS
    Pension scheme for people aged 18-50 gets JS nod

Related News

  • India's rapid take-up of electric vehicles prompts rethink about long-term fuel needs
  • India's low coal stocks threaten electricity supply: Kemp
  • Two IAF aircraft crash near India's Madhya Pradesh's Morena
  • TBS roundtable: Prominent businessmen want long-term crisis management framework for energy security
  • ‘Intransigence’: India notifies Pakistan of plans to amend Indus Waters Treaty

Features

Snipe in flight. Photo: Enam Ul Haque

Baikka Beel: 'A world where snipe work late'

13h | Panorama
Photo: Noor-A-Alam

Pet cafes: Where love for food and animals cohabit

15h | Food
Illustration: TBS

How MFS is turbocharging national economy

18h | Thoughts
Now is the time to focus on FDI composition

Now is the time to focus on FDI composition

20h | Panorama

More Videos from TBS

What does Shahrukh has in his 770 million dollar property?

What does Shahrukh has in his 770 million dollar property?

9h | TBS Entertainment
15 Reasons Your Entrepreneurial Career Can Fail

15 Reasons Your Entrepreneurial Career Can Fail

8h | TBS Career
Women are going to make history in match management in cricket

Women are going to make history in match management in cricket

7h | TBS SPORTS
Gold covered mummy discovered in Egypt

Gold covered mummy discovered in Egypt

13h | TBS World

Most Read

1
Picture: Collected
Bangladesh

US Embassy condemns recent incidents of visa fraud

2
Four top bankers arrested in DSA case filed by S Alam group 
Bangladesh

Four top bankers arrested in DSA case filed by S Alam group 

3
Illustration: TBS
Banking

16 banks at risk of capital shortfall if top 3 borrowers default

4
Photo: Collected
Splash

Hansal Mehta responds as Twitter user calls him 'shameless' for making Faraaz

5
A frozen Beyond Burger plant-based patty. Photographer: AKIRA for Bloomberg Businessweek
Bloomberg Special

Fake meat was supposed to save the world. It became just another fad

6
Representational Image
Banking

Cash-strapped Islami, Al-Arafah and National turn to Sonali Bank for costly fund

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]