February 2025Addressing issues in the logistics sector is crucial for economic development, environmental sustainability, and regional integration. An Asian Development Blog article explores the need for Bangladesh, India, and Nepal to adopt strategies, such as enhancing multimodal transport, standardization, and digital integration, to enhance supply chain resilience, reduce costs, and boost export competitiveness, to further boost economic growth and job creation. Read More Tags: |
February 2025Mr. Sheikh Bashir Uddin, Advisor to the Ministry of Commerce of Bangladesh, urged the implementation of a trade facilitation roadmap and collaboration among working groups to mitigate the challenges associated with the upcoming transition of Bangladesh from the Least Developed Country (LDC) category to a developing nation by November 2026. Read More Tags: |
February 2025Economic corridors are crucial for stimulating economic growth, creating jobs, and promoting regional integration across SASEC member countries—Bangladesh, Bhutan, India, Nepal, and Sri Lanka. An Asian Development Blog article explores the role of economic corridor development in South Asia, highlighting its potential to enhance trade, industrialization, and regional connectivity. Read More Tags: |
January 2025The planned Dodhara Chandani dry port will help boost connectivity of Nepal's far-western region. Set to become Nepal's fourth dry port along the India-Nepal border, the Rs 2.54-billion (around $29 million) project will serve as a major logistical hub and expand landlocked Nepal’s access to India through the Jawaharlal Nehru Port in Mumbai. Read More Tags: |
January 2025India and Nepal have finalized a new agreement for five transmission lines, covering construction, upgrades, and investment modalities. The deal comes as 11,000 megawatts from various hydropower projects are in development. Read More Tags: |
January 2025 |
January 2025Maldives and Sri Lanka are strengthening their economic ties by undertaking a series of strategic collaborations aimed at boosting trade and bilateral relations. Initiatives include the development of the Kuda Fushi Islands port in Maldives and bringing benefits to both countries and promoting medical and wellness services in Sri Lanka to people from Maldives. Read More Tags: Maldives, Sri Lanka, Trade, Ports |
January 2025Dr. Abdulla Khaleel, Minister of Foreign Affairs of Maldives, conducted an official visit to India on 2-4 January 2025. During bilateral discussions with Dr. S. Jaishankar, External Affairs Minister of India, both sides reviewed progress on understandings reached during President Muizzu's visit and addressed issues requiring further attention. Read More Tags: Maldives, India |
January 2025Mr. Himanta Biswa Sarma, Chief Minister of Assam, India, discussed plans for Assam's involvement in the development of Bhutan's Gelephu Mindfulness City (GMC) at a press conference. Key highlights of Assam's plans are to build transportation links and expand the airport. Read More Tags: Bhutan, India, Trade, Transport, |
January 2025The Government of Sri Lanka is accelerating the implementation of its National Single Window system, enhancing services for exporters and importers to boost efficiency and competitiveness. Sri Lanka’s Deputy Finance Minister Dr. Harshana Suriyapperuma highlighted that the Department of Imports and Exports Control began offering online services on 1 January 2025, joining other government agencies in digital service delivery. Read More Tags: |