India and Bangladesh sign SOP to operationalise coastal shipping agreement
Q. India and which nation have signed the SOP to operationalise agreement on coastal shipping framed in June 2015?- Published on 16 Nov 15a. Bangladesh
b. Sri Lanka
c. Afghanistan
d. Nepal
ANSWER: Bangladesh
The Standard Operating Procedure has been signed between India and Bangladesh for operationalising the coastal shipping agreement between the two nations formed in June 2015. SOP will pave the way to promote coastal shipping between India and its neighbour and facilitate bilateral trade between the two countries by bringing down the cost of transportation of EXIM cargo. The SOP includes provisions which stipulate that India and Bangladesh shall render same treatment to the other country's vessels as it would have done to its national vessels used in international sea transportation. The two sides have also formed an agreement regarding the use of vessels of River Sea Vessel (RSV) category for Indo-Bangladesh coastal shipping.
