Disasters caused by chemicals stored in densely populated areas have shaken Bangladesh in the past one and a half decades
Indo-Bangla trade talks on Wednesday
The ninth round of India-Bangladesh trade talks will begin in Dhaka on Wednesday.
Published : 11 March 2014, 08:47 AM
Updated : 11 March 2014, 08:47 AM
India’s Joint Secretary Foreign Trade (South Asia) Arvind Mehta and Bangladesh Joint Secretary in the Commerce Ministry, Md Shahabuddin Patwary, would lead their respective sides in the two-day meeting to be held under a Joint Working Group.
The working group that deals with issues of border infrastructure, trade facilitation, identification and removal of trade barriers was established under the framework of the bilateral Trade Agreement.
The bilateral trade between the two countries was $ 5.34 billion in the last fiscal with $ 4.2 billion Indian exports.
India had announced duty-free access to all Bangladeshi products except 25 in 2011.
Since then, Bangladesh’s exports to India rose to $563 million in the last fiscal year from $498 million in 2011.
The Indian High Commission in Dhaka said the two sides are expected to review the current status of bilateral trade and discuss measures to improve border infrastructure for trade, trade facilitation by information exchange, upgrading of testing facilities and removal of trade bottlenecks.
The eighth meeting of the Joint Working Group was held in New Delhi in June last year.
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