CPA joins hand with Thailand to boost trade

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Business Desk :
An MoU between the Port Authority of Thailand (Ranong Port) and the Chittagong Port Authority of Bangladesh was signed on Tuesday through virtually.
Md Zafar Alam, Member of Chittagong Port Authority and Lt. JG. Dr Chamnan Chairith from the Port Authority of Thailand signed the MoU on behalf of their respective sides, said a handout.
The MoU is expected to facilitate trade between Bangladesh and Thailand by enhancing maritime connectivity between the two countries on the Bay of Bengal. This is part of the greater vision of Bangladesh to enhance greater connectivity with its neighbors including those in the BIMSTEC region. The MoU would encourage the business communities from both sides to further
explore trade and investment opportunities.
Additionally, both the port authorities would be benefitted through the exchange of information and cooperation in port management, operations, information technology, communication, port connectivity, coastal shipping, port-related industry and investment promotion.
It is expected that coastal shipping, under the MoU, between the Ranong Port and the Chittagong Port of Bangladesh would immensely contribute to further strengthening bilateral trade through reducing the transportation time and cost. The MoU is also expected to further strengthen the existing excellent relations between the two countries. Secretary, Ministry of Shipping, Ambassador of Bangladesh to Thailand,

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