M Humayun Kabir: Bangladesh and India will sign the Comprehensive Economic Partnership Agreement (CEPA), a free trade agreement, to boost economic ties between the two countries.
Commerce Minister Tofail Ahmed made the announcement at a press conference after a meeting with visiting Indian delegation led by his counterpart Suresh Prabhu in Dhaka, reports The Daily Star.
Indian commerce minister assured that India, upon request of Bangladesh, is working to withdraw the anti-dumping duty on Bangladesh’s jute and jute-made products.
Also, the two countries have agreed to implement six more border haats.
The World Bank dubbed the initiative as exemplary steps to regional trade, along bordering areas of the two countries.
Bangladesh’s trade gap with India was over US $7.7 billion in the last fiscal, according to statistics.
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