This is a short-term deal and Bangladesh side agreed to the Indian proposal to grant validity of the MoU till September 30, officials in Dhaka said.
"Based on the request by the Government of India, the Government of Bangladesh has granted permission for the movement of petroleum goods on humanitarian grounds through the territory of Bangladesh till September 2016," High Commission of India here said ina statement.
India made the request following heavy monsoons and extremely bad road conditions of NH44 have resulted in the disruption in the supply of Petroleum Goods from Assam to Tripura, The Daily Star reported.
Diplomatic sources said the MoU will facilitate India to carry Petroleum Goods (Motor Spirit, High Speed Diesel, Superior Kerosene Oil & Liquefied Petroleum Gas) from Assam to Tripura through Bangladesh territory as the normal Indian roads for oil transportation have been badly damaged by the recent flood.
Bangladesh and India allowed each other to use their respective territories to transfer goods to their one place to another and to a third country in the past in addition to existing transit and transhipment deals arrangements.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
