Minister Sarbananda Sonowal to receive first Indian cargo ship at Sittwe port

Tags: Economics/Business National News

Ports, Shipping and Waterways Minister Sarbananda Sonowal will receive the first Indian cargo ship at Sittwe Port in Myanmar on 9th May.

An Overview of the News

• Sittwe Port is a part of the Kaladan Multimodal Transit Transport Project and its development will enable multi-modal transit connectivity with Southeast Asia.
• The port has been built under a framework agreement between India and Myanmar to set up a multimodal transit transport facility on the Kaladan River, which connects Sittwe Port in Myanmar to Mizoram in India.
• The Kaladan River route has the potential to open up economic opportunities for the entire Bay of Bengal peninsula.

About Myanmar

• It is a country located in Southeast Asia and is bordered by India, Bangladesh, China, Laos and Thailand.
• The capital city of Myanmar is Naypyidaw, which was officially designated as the capital in 2005.
• President - Myint Swe (Acting)
• SAC President and Prime Minister - Min Aung Hlaing
• SAC Vice President and Deputy Prime Minister - Soe Win