Bangladesh cuts piracy by 70%

Chittagong no longer listed as high risk.

Bangladesh cuts 70% piracy at Bay of Bengal with US support

Bangladeshi and American maritime partnership has made the Bay of Bengal “more secure”, the US ambassador in Dhaka has said.

Dan Mozena on Tuesday said Bangladesh could slash piracy at the Bay of Bengal by 70 percent, an achievement that he said brought the shipping insurance rates down by 40 percent.

“Chittagong is no longer listed as a high-risk seaport,” he said at the closing of the fourth US and Bangladesh joint naval exercise at Chittagong.

According to him, Bangladesh’s success in securing its maritime borders and its vast maritime domain is “good for all nations that support freedom of the seas”.

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Source: bdnews24.com