Bangladesh issues PTO allowing use of Chattogram & Mongla ports for transshipment of goods from India

• Bangladesh has formally issued the Permanent Transit Order (PTO) allowing the movement of goods from India through its territory using the Mongla and Chattogram ports. With the signing of the PTO, the deck has been cleared to start commercial operation of transit and transshipment from northeastern states to other parts of India using these two ports. It will drastically reduce the cost and time of transportation of goods between northeastern states and other parts of India.
• Goods prohibited by Bangladesh will not be allowed to be transported and the transported goods can’t be kept at Bangladesh ports for more than 7 days. It also specifies the rates for processing the document, the transshipment fee, and other administrative and commercial fees.

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Published date : 26 Apr 2023 08:14PM