The Indian Ports Association (IPA) and the Research and Information System for Developing Countries (RIS) recently signed an agreement in New Delhi to set up a Centre for Maritime Economy and Connectivity. Indian minister for ports, shipping and waterways Sarbananda Sonowal, who witnessed the signing ceremony, tweeted that the institute will pave way for seamless, cost-effective trade and commerce with neighbours.Secretary handling the ministry Sanjeev Ranjan said the proposed transhipment port at Galathea Bay at Greater Nicobar in Andaman and Nicobar Islands will be advantageous for the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) member nations.
India’s GatiShakti initiative will go beyond the shores and ports of the neighbouring countries can also benefit, he was quoted as saying by a news agency.
The Indian Ports Association and the Research and Information System for Developing Countries recently signed an agreement to set up a Centre for Maritime Economy and Connectivity. Indian minister for ports, shipping and waterways Sarbananda Sonowal tweeted that the institute will pave way for seamless, cost-effective trade and commerce with neighbours.
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