Bangladesh: 61 items will enjoy India's tariff-free treatment

On October 26th, Minister of Commerce of the People’s Republic of China, visiting India, stated that Bangladesh and India have reached an agreement that the Indian side will implement the tariff-free formalities of 61 individual products of Bangladesh and India as soon as possible, of which 47 items are the mainstay of Bangladesh’s exports. Industrial apparel products. In the 2009-2010 financial year, Meng Ziyin imported 3.213 billion U.S. dollars and exported 340 million U.S. dollars to India. The trade imbalance between the two countries has been maintained for many years. The Indian Commerce Minister stated that according to the signed memorandum of understanding, the land ports BALIAMARU and LAWAGHAR, which are subdivided into the KURIGRAM and SUNAMGANJ subdivisions in Bangladesh, will be opened in early 2011, and 25 companies in each country will trade at the ports.