India, Japan, and Bangladesh will organise a significant meet on April 11-12 in Tripura to establish connectivity initiatives and leverage the commercial potential of the region.
According to officials, increased participation from Japan will facilitate the creation of industrial value chains and comprehensive connectivity development in Northeast India and Bangladesh.
Japan is making investments in Bangladesh and Northeast India, such as the construction of a deep sea port at Bangladesh’s Matarbari, which will connect the landlocked region with the Bay of Bengal.
The Deputy Foreign Ministers of India and Bangladesh, the Chief Minister of Tripura, and the Japanese ambassador to India will attend the conference.
The Asian Confluence, a prominent think tank from Northeast India, is partnering with the Ministry of External Affairs to host this conference has conducted a recent study, which proposed that Northeast India and Bangladesh must increase their multi-modal connectivity to bridge development gaps in the region and enhance competitiveness.
The study also suggested that both parties should collaborate to improve trade facilitation and establish express corridors for the efficient transit of goods to Bangladesh’s Chattogram Port from the Northeast Region.