Three agreements have been signed between Ranong Port (Thailand) and port trusts of Chennai, Visakhapatnam and Kolkata, with an aim to reduce sea travel time between the two countries to more than a half.
The memoranda of understanding (MoUs) were signed during the two-day BIMSTEC conclave of ports which concluded here on Thursday. It was the first such conclave.
The MoUs will contribute to BIMSTEC objective of strengthening connectivity and is part of India’s Act East Policy, said an official release.