Indo-Bangla, Petrapole-Benapole Integrated check post to operate from Aug 1
The Dollar Business Bureau The Petrapole-Benapole Integrated Check Post (PBICP) is a major route for India-Bangladesh bilateral trade. India and Bangladesh have agreed to operate the PBICP 24x7, with effect from 01st August 2017 in order to ensure easy movement of cargo across the border. Land Ports Authority of India (LPAI) and Central Board of Excise and Customs (CBEC), the implementing agencies on the Indian side, have issued necessary instructions in this regard. The 24x7 operationalization of Petrapole-Benapole ICP is expected to be a significant milestone towards expeditious clearance of cargo and, hence boost the bilateral trade between the two countries.
India-Bangladesh: Towards greater economic cooperation
Prof. A.K. Sen Gupta | The Dollar Business The Prime Minister, Narendra Modi giving his statement to media at the Joint Press Briefing with the Prime Minister of Bangladesh, Ms. Sheikh Hasina, in Dhaka, Bangladesh on June 06, 2015. (Source: PIB, Government of India) A new Chapter was opened in Indo-Bangladesh relations when the Prime Ministers of both nations met very recently in Dhaka to resolve many of the outstanding issues standing in the way of greater economic cooperation between the Asian neighbours. Although such dialogues between the two nations had been carried on earlier, it was only after the personal visit of Prime Minister Modi, that concrete solutions seem to have emerged. Going by press reports, the visit has ...