By: Dr Arpita Hazarika
Two vessels left Kolkata port for Bangladesh on Saturday (July 30, 2022) morning. These vessels will attain Assam and Meghalaya on the Mongla – Tamabil and Mongla – Bibirbazar routes. The implementation of the brand new water protocol between India and Bangladesh final March was carried out on Saturday. The challenge had been in talks since 1980. The brand new system will allow items to be transported to India’s northeastern states at a a lot decrease price, sooner. India will solely use Bangladesh’s Chittagong and Mongla ports. This may open up new horizons. By means of this, the financial relations between the 2 international locations have turn into stronger.
On the one hand, it is going to pace up the transportation of products within the north-eastern area of India, and it’ll have a constructive influence on the economic system of each international locations. Financially, each international locations will profit.
India-Bangladesh pleasant relations will enhance with the benefit of transportation of products. The 2 international locations will come nearer by way of commerce.
India at all times appreciates Bangladesh’s socio-economic progress, financial progress, concord. Bangladesh is profitable in lots of areas together with GDP. Bangladesh has turn into an essential accomplice within the northeastern states of India.
A number of days in the past, Bangladesh celebrated the golden jubilee of its independence and the beginning centenary of Bangabandhu in each international locations. The 2 international locations celebrated Friendship Day collectively in 18 international locations of the world. It’s an enormous deal. This isn’t doable with out glorious bilateral relations. It’s actually superior. Bangladesh has progressed lots within the final ten years.
The progress of Bangladesh in the previous few years is exceptional. Bangladesh has made nice progress by way of financial progress, socio-economic standing, democracy and so forth. Improvement of GDP, Industrial Base, IT, Service Part of Bangladesh is enviable.
Journey or communication to the seven northeastern states from mainland India is kind of troublesome. It isn’t solely by air however by land and sea that you need to journey an extended solution to get there. That’s the reason it is extremely costly and troublesome for Indian merchants to carry items from the mainland to the states often called the ‘Seven Sisters’. Then again, Bangladesh is geographically very near the seven states. This location has turn into an awesome alternative for Bangladeshi businessmen.
Tripura, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Arunachal – the primary three of those seven states or Seven Sisters have already got an enormous demand for Bangladeshi merchandise. The demand for Bangladeshi merchandise is steadily rising within the remaining 4 states as properly. If this chance is used, an enormous marketplace for Bangladeshi merchandise could be created in Seven Sisters. The residents of Bangladesh and the seven states of India can even profit from the enlargement of bilateral commerce.
Among the many seven states that share borders with Bangladesh are Tripura, Mizoram, Assam and Meghalaya. Amongst them, Bangladesh has ports with Tripura, Assam and Meghalaya. Principally, the merchandise of Bangladesh enter North-East India by the border of those three states.
In accordance with the knowledge of the Assistant Excessive Fee of Bangladesh in Guwahati, the commerce of Bangladesh within the north-eastern area of India is steadily increasing. Within the monetary 12 months 2019-20, the export of products from Bangladesh to the area is greater than Tk 367 crore. Within the earlier fiscal 12 months 2018-19, Bangladeshi merchandise had been exported there to the tune of Tk 40 crore. Quite the opposite, within the fiscal 12 months 2019-20, items imported from Seven Sisters to Bangladesh amounted to Tk 390 crore, within the earlier fiscal 12 months 2018-19, greater than Tk 472 crore of products got here from there.
It’s recognized that Bangladeshi merchandise are in demand in these states, together with ready-made garments, iron, cement, tin, hilsa, dry meals, juice, chips, confectionery gadgets, cotton, plastic footwear, sandals, plastic desk, kitchen ware, jamdani. Saree, Uncooked Jute, Mineral Water, Chana Chur, Sauce, Motor Dal, Ice Cream, Emergency Gentle, Condensed Milk and so forth.
Then again, coal, ginger, onion, dry chilies, poultry feed, eggs, fabric, sugar, auto components, varied fruits, engineering merchandise, tube gentle and so forth. are exported to Bangladesh from the north-eastern area of India. Other than this, cotton, tea, lime, petroleum merchandise, iron, varied stones are produced in Assam, these even have a market in Bangladesh. Manipur produces oil, varied seeds, mustard, paddy, wheat, limestone and chromate. And Meghalaya produces glass, porcelain, ore and Arunachal produces corn, wheat, mustard, pulses, apples, oranges, grapes, and so forth. These merchandise are additionally in demand in Bangladesh.
Assistant Excessive Commissioner of Bangladesh in Guwahati. Shah Mohammad Tanveer Mansoor stated there’s a good demand for Bangladeshi merchandise in Northeast India. This area goes to be an enormous marketplace for the export of package deal meals, cement, plastic and clothes merchandise of Bangladesh specifically. Bangladeshi businessmen are being totally supported on this regard.
He stated, we have to enhance communication and port administration to additional increase bilateral commerce between the 2 areas. Lately the high-level go to of Bangladesh (Assam) has elevated the arrogance and belief amongst businessmen on this regard.
Assam Chief Minister Dr. Himanta Biswa Sharma additionally spoke concerning the immense potential of bilateral commerce.
He stated, I feel there’s numerous potential within the industrial subject between Bangladesh and India’s North-East area. The north-eastern area is related to the Indian mainland by Bangladesh. There may be MoU for provide of diesel from Assam to Bangladesh. There may be additionally an settlement to import items from Bangladesh right here. We’re placing extra emphasis on creating mutually useful financial relations.
On this regard, Himanta Biswa Sharma stated, “We are going to begin common flights on the Dhaka-Guwahati route inside the subsequent three months.” Earlier than the corona epidemic, our bus used to go to Dhaka through Gauhati-Shillong-Sylhet. It was closed attributable to Corona. Now we’ve obtained permission from involved ministry to start out it once more. Hope the bus service on this route shall be began quickly. It’ll make communication simpler. Commerce will increase additional.
He stated, we are going to begin common flights on the Dhaka-Guwahati route inside the subsequent three months. Earlier than the corona epidemic, our bus used to go to Dhaka through Gauhati-Shillong-Sylhet. It was closed attributable to Corona. Now we’ve obtained permission from involved ministry to start out it once more. Hope the bus service on this route shall be began quickly.
Himanta Biswa Sharma stated, I feel there’s numerous potential for creating financial relations between Bangladesh and India’s Northeast area. Because of Bangladesh’s waterways, the North-Jap area has been related to the Indian mainland. There may be additionally an settlement to import items from Bangladesh (into Assam). We’re placing extra emphasis on creating mutually useful financial relations.
The author is a Gauhati College, Assam, India-based researcher.