■ Japan to connect landlocked North East with Bangladesh ◇ Co | UPSC NOTES & CURRENT AFFAIRS
■ Japan to connect landlocked North East with Bangladesh
◇ Context: Landlocked Northeast India may soon get a trade gateway through Matarbari deep sea port in Bangladesh being constructed by Japan, under its Free and Open Indo-Pacific strategy
□ About the News:
• Bay of Bengal Industrial Growth Belt (BIG-B) initiative: Through this initiative, Japan is helping Bangladesh develop infrastructure and Industrial Belt along Dhaka-Chittagong-Cox’s Bazar belt area and beyond.
• India-Japan Act East Forum (AEF): Through this, Japan has been supporting the development of India’s North East through connectivity to Bangladesh and Southeast Asia.
□ About Japan’s Indo-Pacific strategy: Japan will promote the Bay of Bengal-Northeast India industrial value chain concept to foster the growth of the entire region. The strategy consists of three pillars: