India is increasing the pace of its regional connectivity projects in South Asia. Last one week saw projects being announced or completed in three south Asian counties -- Maldives, Bhutan and Bangladesh -- with the main focus being faster movement of people and goods, and also to generate employment. The line of credit was announced during Maldives President Ibrahim Mohamed Solih's state visit to India in December 2018. The new route will reduce time and logistics cost for cargo movement and connect North-East India to Bangladeshi ports. India is already working on several other projects in the region.

Source: dna July 17, 2020 15:45 UTC