Japan to connect landlocked North East with Bangladesh

Japan to connect landlocked North East with Bangladesh

Northeast India will soon get the facility to trade through Matarbari Deep Sea Port of Bangladesh.

  • Japan is assisting Bangladesh through the Bay of Bengal Industrial Growth Belt (BIG-B) initiative to develop the Matarbari port and improve connectivity in the region.
  • BIG-B aims to accelerate the establishment of industrial clusters in the Dhaka – Chittagong – Cox’s Bazar belt region and beyond. It also includes the development of economic infrastructure, improving the investment climate and promoting connectivity.
  • Recently, the Prime Minister of Japan has outlined the outline of Japan’s Indo-Pacific strategy. Under this strategy, Japan will promote the Bay of Bengal – Northeast India industrial value chain concept to stimulate the growth of the entire region.
  • Japan is also assisting in the development of road connectivity in NER. It aims to link NER with Japanese aided projects in Bangladesh.
  • Japan is working closely with India to cooperate in the development of the NER through the India-Japan Act East Forum (AEF).
  • The objective of AEF is to promote connectivity within the North Eastern Region and between the North Eastern Region and South East Asia.
  • The India-Japan Act East Forum (AEF) reflects the synergy between India’s Act East policy and Japan’s vision for a free and open Indo-Pacific.

Other initiatives launched for the North Eastern region-

  • The Kaladan Multimodal Transit Transport Project has been launched to boost connectivity with Myanmar.
  • India and Bangladesh have signed a Protocol on Inland Water Transit and Trade.
  • The India-Myanmar-Thailand trilateral highway is being developed.

Source – Economics Times

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