Brief by Shorts91 Newsdesk / 08:46am on 26 Jul 2024,Friday India Global
India has secured operational rights for a terminal at Mongla port in Bangladesh, according to reports. The terminal will be managed by Indian Port Global Limited (IPGL). This move is seen as part of India's efforts to expand its global port presence and counter China's growing influence. The deal follows the joint inauguration of the Khulna-Mongla Port rail line by Indian Prime Minister Narendra Modi and Bangladeshi Prime Minister Sheikh Hasina in 2023. The development highlights strengthening ties between the two nations, but the Indian government has not officially confirmed the agreement.
