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India-Bangladesh waterways transit inaugurated in Dhaka ((Analysed from The Hindu Relevant for GS Prelims; GS mains Paper II, Topic: Indo- Bangladesh Relations)

The India-Bangladesh waterways transit, carrying goods from Kolkata, was inaugurated in Dhaka.
In a first for New Delhi-Dhaka relations, the vessel carrying Indian goods consigned for Tripura marked the official transit to India’s north-east via the inland waterways of Bangladesh.

Background
The opening is part of the Indo-Bangladesh Protocol on Inland Water Transit and Trade signed by the Prime Ministers of the two nations last year in 2015. 

Benefits of transit
The transit would reduce the transportation cost substantially to carry goods from rest of India to country’s north-east as the distance reduces from about 1,700 km via Siliguri in north Bengal to about 500 km via Bangladesh.



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