Recently, ferry trade service has started between India and Sri Lanka after 4 decades.

Daily Current Affairs / Recently, ferry trade service has started between India and Sri Lanka after 4 decades.

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Category : Business and economics Published on: October 17 2023

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The ferry trade service between India and Sri Lanka has recently been launched by the Indian Prime Minister.
This ferry trade service has been started from Nagapattinam in Tamil Nadu to Kankesanthurai in Sri Lanka.
This ferry service is being operated by 'Shipping Corporation of India'.
Ferry service has been started between India and Sri Lanka after almost four decades.
This service was discontinued by the Sri Lankan Navy during the Sri Lankan Civil War.
The ferry service is expected to boost travel and trade with the Sri Lankan port of Kankesanthurai, which is the nearest port to the ports on India's western coast.
The service is part of the Economic Partnership Approach, a roadmap for maritime, air and energy connectivity.
The service was finalized during the visit of Sri Lankan President Ranil Wickremesinghe to India.