close

India's strategically important Sittwe Port in Myanmar begins operations

Multi-modal project to slash northeast logistics costs and time in half, says minister

Dhruvaksh Saha New Delhi
port
Premium

Listen to This Article

India’s strategically important Sittwe Port in Myanmar began operations on Tuesday after Union Shipping Minister Sarbananda Sonowal received the first vessel at the port, which was flagged off from Kolkata five days ago.
“This will promote trade connectivity and people-to-people ties between India and Myanmar and the wider region, and will help boost the economic development of northeast states under Act East policy of the government," Sonowal said at the event. 
“I am confident that the Sittwe port will act as the gateway of India to Southeast Asia, ushering growth and progress,” he said.
Or

Also Read

Kaladan project: India flags off shipment for Sittwe Port in Myanmar

Adani Ports completes sale of Myanmar Port at discounted price of $30 mn

India seized 833 kg gold worth Rs 405 cr in FY22, highest from Myanmar

Gujarat Pipavav Port nears 52-week high; stock surges 18% in one month

Board formed to fix tariff at major ports, PPP dispute resolution

India pressing EU for recognition of carbon certificates for MSMEs

Money for mining the seas: India considers political and financial risks

Give details of tech, R&D proposals to expert group: Cab sec to ministries

Commerce ministry recommends anti-dumping duty on imported optical fibre

Social security schemes safeguard underprivileged financially: Sitharaman

First Published: May 09 2023 | 8:17 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com