Synopsis
Acquiring the managing rights for Chabahar port in Iran, Sittwe port in Myanmar and Mongla port in Bangladesh gives India significant influence over maritime trade routes in both western and eastern Indian Ocean.
India securing the rights to manage a terminal at Mongla port in Bangladesh promises to be a game changer for the region as it enhances trade connectivity and solidifies the country’s strategic footprint in the region. According to government officials, the Indian Port Global Limited (IPGL) has won the bid to operate a terminal at the Port of Mongla for 30 years. The Mongla Port is Bangladesh’s second-largest and busiest seaport. It enjoys the
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ET Online
11 mins read, Last Updated:
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