- Union Minister Shantanu Thakur flagged off the Direct Shipping Service between Tuticorin and Maldives at V.O. Chidambaranar Port.
- The service was inducted under PM’s ‘Neighbourhood-First Policy’ and the vision of Security and Growth for all in the Region to give impetus to bilateral trade between India & Maldives.
- The service is expected to boost bilateral trade and strengthen the relationship between India and Maldives.
- The service will provide a faster, safer, and more cost-effective way of transporting goods between the two countries.
On the 6th of May Union Minister Shantanu Thakur flagged off the Direct Shipping Service between Tuticorin and Maldives at V.O. Chidambaranar Port, marking a significant milestone in the relationship between India and Maldives. The service was inducted under PM’s ‘Neighbourhood-First Policy’ and the vision of Security and Growth for all in the Region to give impetus to bilateral trade between the two countries.
Direct Shipping Service between Tuticorin and Maldives
The Direct Shipping Service between Tuticorin and Maldives will provide a faster, safer, and more cost-effective way of transporting goods between the two countries. The service will operate on a weekly basis, with the first vessel carrying 200 TEUs (twenty-foot equivalent units) of cargo. The service is expected to significantly reduce transportation time and costs for traders and entrepreneurs in both countries.
PM’s ‘Neighbourhood-First Policy’ and Security and Growth for All in the Region
The Direct Shipping Service between Tuticorin and Maldives is part of PM’s ‘Neighbourhood-First Policy’ and the vision of Security and Growth for all in the Region. The policy aims to strengthen India’s relationship with its neighboring countries and promote economic growth and development in the region. The shipping service is expected to play a significant role in achieving these goals, as it will help to boost bilateral trade and enhance economic cooperation between India and Maldives.
Boosting Bilateral Trade and Strengthening Relations
The Direct Shipping Service between Tuticorin and Maldives is expected to provide a significant boost to bilateral trade between India and Maldives. The service will facilitate the movement of goods and services between the two countries, creating new business opportunities and strengthening economic ties. Moreover, the service will also help to strengthen the overall relationship between India and Maldives by promoting people-to-people contact, cultural exchanges, and tourism.
Faster, Safer, and More Cost-Effective Transport of Goods
The Direct Shipping Service between Tuticorin and Maldives is expected to provide a faster, safer, and more cost-effective way of transporting goods between the two countries. The service will reduce transportation time and costs for traders and entrepreneurs, enabling them to expand their businesses and increase their profits. Moreover, the service will also help to reduce the transportation
