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This is an archive article published on July 21, 2016

PM Modi, Sheikh Hasina jointly inaugurate Petrapole ICP; initiative to promote bilateral trade

Petrapole-Benapole land border crossing is an important one for India and Bangladesh as 50 per cent of the trade passes through Petrapole.

Narendra Modi, Sheikh Hasina, Petrapole ICP, Petrapole Benapole, Modi Hasina, Modi Bangladesh PM Modi listens as Bangladesh PM Sheikh Hasina speaks through video conference. (Source: ANI)

Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina on Thursday jointly inaugurated Petrapole Integrated checkpost, the biggest land port in South Asia, through video conferencing.

Prime Minister Modi listened as Bangladesh PM Sheikh Hasina spoke through video conferencing. In a statement, PM Modi said the inauguration of Petrapole checkpost will not only promote bilateral trade but also help in economic growth of both countries.  “Eight such integrated check posts along Indo-Bangladesh border to be set up in times to come,” added Modi.

Petrapole-Benapole land border crossing is an important one for India and Bangladesh as 50 per cent of the trade passes through Petrapole. The Petrapole checkpost will also serve to foster greater economic integration and connectivity between both countries. Petrapole ICP will aim to provide better facilities for effective and efficient discharge of functions such as security, immigration, customs. It will also provide support facilities for smooth cross-border movement of people, goods and transport.

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Trade worth more than Rs. 15000 crore takes place through the Petrapole ICP, which is more than all the other Indian Land Ports and Land Customs Stations put together.

PM Modi also reiterated India’s support to Bangladesh to fight extremism. “India stands with Bangladesh in its fight against terrorism and will extend all possible help in this regard,” said PM Modi.

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