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India and Bangladesh on Tuesday started working towards a draft memorandum of understanding (MoU) on passenger and cruise services on the coastal and protocol route.
Bangladesh said that a highly competitive charge of Taka 192.22 a tonne for the trans-shipment operations at Ashuganj for movement of goods to and from North-Eastern India had been approved by its government, an official release said.
India welcomed the steps taken by Bangladesh for smooth movement on this route and agreed to implement them with an option for review of the rates, if considered necessary in future, the release added.
Bangladesh has decided to do away with the practice of insistence upon bank guarantee on each consignment of transit cargo, a decision welcomed by India, as it would cut transportation costs and encourage cargo movement on this route.
To ensure adequate draft in the upper reaches of the Indo-Bangladesh protocol route in Bangladesh, it was agreed that Bangladesh will submit a proposal for dredging of rivers, including the ones under the protocol route, to the World Bank for Regional International Development Association.
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